Comments: IL SB1942 | 2015-2016 | 99th General Assembly
Bill Title: Amends the High Risk Home Loan Act. Provides that the term "high risk home loan" includes certain loans that exceed an amount established by federal regulation. Defines the terms "prepayment penalty" and "prepayment fees or penalties". Effective immediately.
Spectrum: Slight Partisan Bill (Democrat 5-3)
Status: (Passed) 2015-08-05 - Public Act . . . . . . . . . 99-0288 [SB1942 Detail]
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Slight Partisan Bill (Democrat 5-3)
Status: (Passed) 2015-08-05 - Public Act . . . . . . . . . 99-0288 [SB1942 Detail]
Text: Latest bill text (Chaptered) [HTML]
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