Illinois General Assembly - Bill Status for HB6619
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 Bill Status of HB6619  99th General Assembly


Short Description:  FORECLOSURE MORTGAGE FRAUD

House Sponsors
Rep. Kenneth Dunkin

Last Action
DateChamber Action
  1/10/2017HouseSession Sine Die

Statutes Amended In Order of Appearance
55 ILCS 5/3-5010.10
735 ILCS 5/15-1513 new
765 ILCS 905/6 new


Synopsis As Introduced
Amends the Counties Code. Provides that in counties with a population of more than 3,000,000, if a mortgagee is the purchaser of any property on which it holds a mortgage at a judicial sale, the mortgagee, and any real estate professional listing the property on behalf of the mortgagee after the judicial sale, shall register with the county's property fraud alert system. Further provides that the property fraud alert system shall notify all registered property owners and registered real estate professionals not later than 15 days after a document is recorded with the county recorder that relates to a registered property. Amends the Mortgage Foreclosure Article of the Code of Civil Procedure making conforming changes. Amends the Mortgage Act. Provides that a mortgagee shall publish a telephone number, email address, or both where a real estate professional may contact the mortgagee to verify the mortgagee's ownership interest in property. Further provides that a mortgagee shall respond by phone or e-mail no later than the next business day after the inquiry to verify ownership of the property.

Actions 
DateChamber Action
  10/28/2016HouseFiled with the Clerk by Rep. Kenneth Dunkin
  11/2/2016HouseFirst Reading
  11/2/2016HouseReferred to Rules Committee
  1/10/2017HouseSession Sine Die

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