Relating to specified loans provided by a mortgage banker

Where it is now

1. ✓
   Done: IntroducedMarch 3, 2023
2. –
   Skipped: SubcommitteeSkipped
3. ✓
   Done: House committeeMarch 9, 2023
4. ✓
   Done: Passes the HouseMarch 9, 202396–0
5. ✓
   Done: Senate committeeMarch 30, 2023
6. ✓
   Done: Passes the SenateApril 19, 202350–0
7. ✓
   Done: To the GovernorMay 9, 2023
8. ✓
   Done: Signed into lawMay 11, 2023

Signed into law What’s a funnel?

What’s in it

This bill relates to specified loans provided by a mortgage banker. A loan made by a licensed or registered mortgage banker under Code chapter 535B making a loan where the points and fees the borrower is charged cumulatively do not exceed the amounts specified in C.F.R. §1026.43(e)(3) shall not be subject to Code section 535.8(5), regarding loans and interest reduction fees.

From the explanation printed with the bill as introduced, written by the Legislative Services Agency. Amendments adopted later aren’t reflected. Full bill text · What changed before it passed

Iowa Code it changes

Amends§535.8

Read from the bill as introduced. Each links to every bill touching that chapter of the Iowa Code. How the Code works

Family tree

Where this legislation came from and where it went: earlier tries, the versions it moved through this Assembly, and later bills built on it.

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