HB 868

  • Illinois House Bill
  • 94th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Mortgage Lend Closing Duty Act

Abstract

Creates the Mortgage Lender's Closing Duties Act. Prohibits residential mortgage lenders and investors who receive notice of the time, date, and location of a closing from failing to provide the escrow closer with the necessary loan documents and funds. Imposes fines for violations of the Act and prohibits lenders and investors from passing on those fines as lending fees. Applies to the closing of owner occupied real property for one to 4 families.

Bill Sponsors (1)

Votes


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Actions


Jan 09, 2007

House

Session Sine Die

Apr 15, 2005

House

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

Apr 12, 2005

House

House Floor Amendment No. 1 Referred to Rules Committee

House

House Floor Amendment No. 1 Filed with Clerk by Rep. Angelo Saviano

Apr 08, 2005

House

Second Reading - Short Debate

House

Held on Calendar Order of Second Reading - Short Debate

Mar 10, 2005

House

Placed on Calendar 2nd Reading - Short Debate

Mar 09, 2005

House

Do Pass / Short Debate Judiciary I - Civil Law Committee; 014-000-000

Feb 08, 2005

House

Assigned to Judiciary I - Civil Law Committee

Feb 03, 2005

House

Added Chief Co-Sponsor Rep. Sidney H. Mathias

Feb 02, 2005

House

Filed with the Clerk by Rep. Angelo Saviano

House

Referred to Rules Committee

House

First Reading

Bill Text

Bill Text Versions Format
Introduced HTML

Related Documents

Document Format
House Amendment 001

Sources

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