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HB2193 • 2026

Mortgage lending fraud acc.

Concerning the mortgage lending fraud prosecution account.

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Representative Ryu, Representative Leavitt, Representative Kloba, Representative Reed, Representative Zahn, Representative Thomas, Representative Reeves, Representative Macri, Representative Hill
Last action
2026-01-12
Official status
H Approps
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Mortgage lending fraud acc.

Mortgage lending fraud acc.

What This Bill Does

  • Mortgage lending fraud acc.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-01-12 House

    First reading, referred to Appropriations.

Official Summary Text

Mortgage lending fraud acc.

Current Bill Text

Read the full stored bill text 
AN ACT Relating to the mortgage lending fraud prosecution 1
account; and amending RCW 36.22.181 and 43.320.140.2
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:3
Sec. 1. RCW 36.22.181 and 2021 c 31 s 1 are each amended to read 4
as follows: 5
(1) Except as provided in subsection (2) of this section, a 6
surcharge of ((one dollar)) $5 shall be charged by the county auditor 7
at the time of recording of each deed of trust, which will be in 8
addition to any other charge authorized by law. The auditor may 9
retain up to five percent of the funds collected to administer 10
collection. The remaining funds shall be transmitted monthly to the 11
state treasurer who will deposit the funds into the mortgage lending 12
fraud prosecution account created in RCW 43.320.140. The department 13
of financial institutions is responsible for the distribution of the 14
funds in the account and shall, in consultation with the attorney 15
general and local prosecutors, develop rules for the use of these 16
funds to pursue criminal prosecution of fraudulent activities within 17
the mortgage lending process. 18
(2) The surcharge imposed in this section does not apply to 19
assignments or substitutions of previously recorded deeds of trust.20
(((3) This section expires June 30, 2027.))21
H-2644.1
HOUSE BILL 2193
State of Washington 69th Legislature 2026 Regular Session
By Representatives Ryu, Leavitt, Kloba, Reed, Zahn, Thomas, Reeves,
Macri, and Hill
Prefiled 12/24/25. Read first time 01/12/26. Referred to Committee
on Appropriations.
p. 1 HB 2193
Sec. 2. RCW 43.320.140 and 2021 c 31 s 2 are each amended to 1
read as follows: 2
(((1))) The mortgage lending fraud prosecution account is created 3
in the custody of the state treasurer. All receipts from the 4
surcharge imposed in RCW 36.22.181, except those retained by the 5
county auditor for administration, must be deposited into the 6
account. Except as otherwise provided in this section, expenditures 7
from the account may be used only for criminal prosecution of 8
fraudulent activities related to mortgage lending fraud crimes. Only 9
the director of the department of financial institutions or the 10
director's designee may authorize expenditures from the account. The 11
account is subject to allotment procedures under chapter 43.88 RCW, 12
but an appropriation is not required for expenditures.13
(((2) This section expires June 30, 2027.))14
--- END ---
p. 2 HB 2193