Financial institutions: mortgage brokers and lenders; consolidation of certain licensing statutes related to residential mortgages; make conforming changes in the home rule city act. Amends sec. 4q of 1909 PA 279 (MCL 117.4q). TIE BAR WITH: HB 6177'26

This bill amends the home rule city act to allow certain cities to create administrative hearings bureaus for blight violations. It outlines the types of violations these bureaus can handle, the procedures for issuing notices and conducting hearings, and the penalties for non-compliance, including fines and potential misdemeanor charges for repeat or uncorrected violations. The bill also specifies exemptions for certain entities like government-sponsored enterprises and financial institutions, and for owners of principal residences, regarding some of the more severe penalties.

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