(1) Existing law, the California Finance Lenders Law, provides for the licensure and regulation of finance lenders and brokers by the Commissioner of Corporations. Existing law, the California Residential Mortgage Lending Act, prohibits a person from engaging in the business of making residential mortgage loans or servicing residential mortgage loans in the state without a license from the commissioner. Existing law defines a "mortgage loan originator" and specifies individuals who are not mortgage loan originators, and defines other terms for purposes of the law and the act. The willful violation of the law or the act is a crime.
California AB 2666 (20112012) — Mortgage loan originators.
(1) Existing law, the California Finance Lenders Law, provides for the licensure and regulation of finance lenders and brokers by the Commissioner of Corporations. Existing law, the California Residential Mortgage Lending Act, prohibits a person from engaging in the business of making residential mortgage loans or servicing residential mortgage loans in the state without a license from the commissioner. Existing law defines a "mortgage loan originator" and specifies individuals who are not mortgage loan originators, and defines other terms for purposes of the law and the act. The willful violation of the law or the act is a crime.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Do pass, to Consent Calendar. — 17–0 (pass) · lower
Special Consent #15 AB2666 Committee on B. & F. — 36–0 (pass) · upper
Do pass. — 7–0 (pass) · upper
AB 2666 B. & F. Concurrence in Senate Amendments By ENG — 79–0 (pass) · lower
Do pass and be re-referred to the Committee on Appropriations to Consent Calendar. — 11–0 (pass) · lower
AB 2666 B. & F. Consent Calendar Second Day — 75–0 (pass) · lower
Sponsors
Committee on Banking and Finance — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
2012-03-05 Read first time. To print. reading-1
2012-03-06 From printer. May be heard in committee April 5.
2012-03-19 Referred to Com. on B. & F. referral-committee
2012-04-24 From committee: Do pass and re-refer to Com. on APPR. with recommendation: to consent calendar. (Ayes 11. Noes 0.) (April 23). Re-referred to Com. on APPR. referral-committee, committee-passage, committee-passage-favorable
2012-05-09 From committee: Do pass. To consent calendar. (Ayes 17. Noes 0.) (May 9). committee-passage, committee-passage-favorable
2012-05-10 Read second time. Ordered to consent calendar. reading-2, reading-1
2012-05-17 Read third time. Passed. Ordered to the Senate. (Ayes 75. Noes 0. Page 4888.) reading-3, reading-1, passage
2012-05-17 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
2012-05-24 Referred to Com. on B. & F.I. referral-committee
2012-06-12 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on B. & F.I. reading-2, amendment-introduction, reading-1, amendment-passage, referral-committee
2012-06-20 From committee: Do pass. (Ayes 7. Noes 0.) (June 20). committee-passage, committee-passage-favorable
2012-06-21 Read second time. Ordered to third reading. reading-2, reading-1
2012-06-21 Re-referred to Com. on APPR. pursuant to Joint Rule 10.5. referral-committee
2012-07-02 From committee: Be placed on second reading file pursuant to Senate Rule 28.8. committee-passage
2012-07-03 Read second time. Ordered to third reading. reading-2, reading-1
2012-07-05 Ordered to special consent calendar.
2012-07-06 Read third time. Passed. Ordered to the Assembly. (Ayes 36. Noes 0. Page 4321.). reading-3, reading-1, passage
2012-08-06 In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 8 pursuant to Assembly Rule 77.
2012-08-13 Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 79. Noes 0. Page 5881.). committee-passage-favorable, amendment-passage
2012-08-20 Enrolled and presented to the Governor at 5 p.m.
2012-09-07 Approved by the Governor. executive-signature
2012-09-07 Chaptered by Secretary of State - Chapter 264, Statutes of 2012.
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/3fa1b6f0-83fc-4f46-ba0f-61bc66e6850a. Confidence: reported (aggregated from official California legislature records).