HB 3864

  • Illinois House Bill
  • 96th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Rmla-Mortgage Summary-Terms

Abstract

Amends the Residential Mortgage License Act of 1987. Provides that at the time a mortgage loan is made or brokered, a licensee must provide to the borrower, in the mortgage document, a summary of the terms of the mortgage agreement. The summary must be listed on the first page of the document in an area titled "SUMMARY OF TERMS". The summary must be listed in bold, 14-point font.

Bill Sponsors (1)

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Jan 11, 2011

House

Session Sine Die

Apr 03, 2009

House

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

Apr 01, 2009

House

Second Reading - Short Debate

House

Held on Calendar Order of Second Reading - Short Debate

Mar 26, 2009

House

Added Co-Sponsor Rep. Anthony DeLuca

House

Added Co-Sponsor Rep. Careen M. Gordon

Mar 24, 2009

House

Added Co-Sponsor Rep. Lisa M. Dugan

House

Added Co-Sponsor Rep. Linda Chapa LaVia

Mar 12, 2009

House

Added Co-Sponsor Rep. Elizabeth Hernandez

House

Added Co-Sponsor Rep. Karen A. Yarbrough

House

Added Co-Sponsor Rep. Cynthia Soto

Mar 11, 2009

House

Placed on Calendar 2nd Reading - Short Debate

Mar 10, 2009

House

Do Pass / Short Debate Consumer Protection Committee; 008-005-000

Mar 03, 2009

House

Assigned to Consumer Protection Committee

Feb 26, 2009

House

Referred to Rules Committee

House

First Reading

Feb 25, 2009

House

Filed with the Clerk by Rep. Emily McAsey

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