Illinois General Assembly - Bill Status for SB1846
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 Bill Status of SB1846  99th General Assembly


Short Description:  HI RISK HOME LOAN-REVERSE MORT

Senate Sponsors
Sen. Terry Link

Last Action
DateChamber Action
  1/8/2013SenateSession Sine Die

Statutes Amended In Order of Appearance
815 ILCS 137/10


Synopsis As Introduced
Amends the High Risk Home Loan Act. Provides that "high risk home loan" does not include a loan for reverse mortgage financing of residential real estate, including under programs regulated by the Federal Housing Administration (FHA).

Actions 
DateChamber Action
  2/9/2011SenateFiled with Secretary by Sen. Terry Link
  2/9/2011SenateFirst Reading
  2/9/2011SenateReferred to Assignments
  3/2/2011SenateAssigned to Financial Institutions
  3/10/2011SenatePostponed - Financial Institutions
  3/17/2011SenatePostponed - Financial Institutions
  3/18/2011SenateRule 3-9(a) / Re-referred to Assignments
  1/8/2013SenateSession Sine Die

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