TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER II: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 1050 RESIDENTIAL MORTGAGE LICENSE ACT OF 1987
SECTION 1050.100 HIGH RISK HOME LOAN DEFINITIONS; APPLICABILITY


 

Section 1050.100  High Risk Home Loan Definitions; Applicability

 

Pursuant to Section 150 of the High Risk Home Loan Act (Act) [815 ILCS 137/150], Sections 1050.155, 1050.190, 1050.195, 1050.197, 1050.198 and 1050.199 of this Part do not apply to loans closed on or after January 1, 2004.

 

(Source:  Amended at 29 Ill. Reg. 14808, effective September 26, 2005)