HB 3487

  • Illinois House Bill
  • 103rd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Mortgage Loans-Remote Location

Abstract

Amends the Residential Mortgage License Act of 1987. Provides that each full service office (rather than office, place of business, or location) at which a residential mortgage licensee conducts any part of his or her business must be recorded with the Secretary of Financial and Professional Regulation. Provides that licensees may allow employees to work from a remote location if specified conditions are met. Provides that "full service office" does not include a remote location. Defines "remote location".

Bill Sponsors (1)

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Mar 10, 2023

House

Rule 19(a) / Re-referred to Rules Committee

Feb 28, 2023

House

Assigned to Labor & Commerce Committee

Feb 17, 2023

House

Filed with the Clerk by Rep. Mark L. Walker

House

First Reading

House

Referred to Rules Committee

Bill Text

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