HB 2576

  • Illinois House Bill
  • 93rd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Mortgage Licensee Discipline


Amends the Residential Mortgage License Act of 1987. Increases the size of the Residential Mortgage Board from 5 to 7 members. Provides that one of the additional members shall be a representative of the National Training and Information Center and one shall be a representative of the Woodstock Institute. Requires the board to meet at least 4 times each calendar year. Provides that the Commissioner of Banks and Real Estate or the board shall investigate licensees when there are facts that would constitute grounds for disciplinary action. Provides for hearings and procedures for the hearings. Effective immediately.

Bill Sponsors (1)


No votes to display


Jan 11, 2005


Session Sine Die

Mar 13, 2003


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

Mar 05, 2003


Re-assigned to Financial Institutions Committee

Feb 26, 2003


Assigned to Executive Committee

Feb 20, 2003


Filed with the Clerk by Rep. Frank Aguilar


Referred to Rules Committee


First Reading

Bill Text

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