H.B.2965. MORTGAGE LOAN-ARREARS PAYMENT

Illinois House of Representatives
Last action a year ago
Polls (open):

Summary

                    Amends the Residential Mortgage License Act of 1987. Provides that when a mortgagor is in arrears more than one month, no licensee shall refuse to accept any payments offered by the mortgagor in whole month payment amounts. Provides that such payments shall be applied to the unpaid balance in the manner provided in the licensee's mortgage with that mortgagor.
                

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Actions

  • Public Act . . . . . . . . . 100-0268

    Tue, Aug 22nd 2017
  • Governor Approved

    Tue, Aug 22nd 2017
  • Effective Date January 1, 2018

    Tue, Aug 22nd 2017
  • Sent to the Governor

    Fri, Jun 23rd 2017
  • Passed Both Houses

    Thu, May 25th 2017
  • Third Reading - Passed; 056-000-000

    Thu, May 25th 2017
  • Placed on Calendar Order of 3rd Reading May 16, 2017

    Mon, May 15th 2017
  • Second Reading

    Mon, May 15th 2017
  • Placed on Calendar Order of 2nd Reading May 11, 2017

    Wed, May 10th 2017
  • Do Pass Financial Institutions; 007-000-000

    Wed, May 10th 2017
  • Assigned to Financial Institutions

    Tue, Apr 25th 2017
  • Alternate Chief Sponsor Changed to Sen. Iris Y. Martinez

    Thu, Apr 6th 2017
  • Chief Senate Sponsor Sen. Antonio Muñoz

    Tue, Apr 4th 2017
  • First Reading

    Tue, Apr 4th 2017
  • Referred to Assignments

    Tue, Apr 4th 2017
  • Arrive in Senate

    Tue, Apr 4th 2017
  • Placed on Calendar Order of First Reading

    Tue, Apr 4th 2017
  • Added Chief Co-Sponsor Rep. Litesa E. Wallace

    Thu, Mar 30th 2017
  • Third Reading - Short Debate - Passed 110-000-001

    Thu, Mar 30th 2017
  • Placed on Calendar Order of 3rd Reading - Short Debate

    Thu, Mar 23rd 2017
  • Second Reading - Short Debate

    Thu, Mar 23rd 2017
  • Placed on Calendar 2nd Reading - Short Debate

    Wed, Mar 15th 2017
  • Do Pass / Short Debate Financial Institutions Committee; 010-000-000

    Tue, Mar 14th 2017
  • Assigned to Financial Institutions Committee

    Wed, Feb 22nd 2017
  • First Reading

    Thu, Feb 9th 2017
  • Referred to Rules Committee

    Thu, Feb 9th 2017
  • Filed with the Clerk by Rep. Jaime M. Andrade, Jr.

    Thu, Feb 9th 2017