Bill Title: Amends the Residential Mortgage License Act of 1987. Provides that mortgage loan advertisements must reference the Nationwide Multistate Licensing System and Registry's Consumer Access website, except where exempted by the Secretary of Financial and Professional Regulation. Provides that a licensee shall not advertise its services in Illinois in any media, whether print or electronic, without including its unique identifier. Replaces "Commissioner" with "Secretary" in order to update references to the Secretary of Financial and Professional Regulation. Makes other changes. Effective immediately.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Passed) 2018-08-10 - Public Act . . . . . . . . . 100-0795; [SB2615 Detail]

Text: Latest bill text (Chaptered) [HTML]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Senator Pamela Althoff [R]	Primary	Sponsored Bills	SD-032	FollowTheMoney	Ballotpedia	VoteSmart
Representative Christopher Davidsmeyer [R]	Primary	Sponsored Bills	HD-100	FollowTheMoney	Ballotpedia	VoteSmart

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