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90th General Assembly · Funnel one-pager · Monday, November 9, 2026

SF 534: Relating to specified loans provided by a mortgage banker

Died when the session ended · The General Assembly adjourned on April 19, 2024. Bills that didn’t pass both chambers died.

What it does

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.

Sponsors

Commerce committee

Cost

No fiscal note

Lobbying · 4 for, 2 against

For: Iowa Bankers Association; Iowa Bankers Mortgage Corp.; Iowa Mortgage Association; Rocket Mortgage

Against: Iowa Academy of Trial Lawyers; Iowa Land Title Association

In plain words

  1. March 6, 2023Filed in the Senate
  2. March 6, 2023Approved by the Senate committee
  3. April 19, 2023Withdrawn

From public records at legis.iowa.gov, compiled by Funnel (iowafunnel.com), an independent, nonpartisan site. Current as of Monday, November 9, 2026. https://iowafunnel.com/bills/90/SF534