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Minutes for HB2497 - Committee on Financial Institutions and Pensions

Short Title

Prohibiting the assessment of a prepayment penalty against any party more than six months after the execution of a note evidencing a home loan made primarily for personal, family or household purposes secured by a real estate mortgage.

Minutes Content for Mon, Jan 26, 2026

Chair Hoheisel opened the hearing on HB 2497 and recognized David Wiese, Senior Assistant Revisor, Office of Revisor of Statutes who provided a bill overview, (Attachment1).  No questions.

Proponents - Chair Hoheisel recognized Michael Stidham, Director Regulatory Affairs, Rocket Mortgage, LLC., (remotely), who spoke in support of HB 2497(Attachment2) 

Mr. Stidham responded to committee questions that followed the presentation.

Opponents - none

Neutral - none

Chair Hoheisel closed the hearing on HB 2497.