Bill Title: Amends the Residential Mortgage License Act of 1987. Provides that when a mortgagor is in arrears more than one month, no licensee shall refuse to accept any payments offered by the mortgagor in whole month payment amounts. Provides that such payments shall be applied to the unpaid balance in the manner provided in the licensee's mortgage with that mortgagor.

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Passed) 2017-08-22 - Public Act . . . . . . . . . 100-0268 [HB2965 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Chaptered	2017-08-22	HTML/Text	Link	View
Enrolled	2017-05-26	HTML/Text	Link	View
Engrossed	2017-03-24	HTML/Text	Link	View
Introduced	2017-02-09	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB2965

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB2965 currently on file.

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