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HB 2965 Illinois House · 100th Regular Session

MORTGAGE LOAN-ARREARS PAYMENT

Summary
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.
Bill status signed all 5 stages cleared
Introduction
Apr 2017
Committee Review
May 2017
House Passage
May 2017
Senate Passage
May 2017
Signed into Law
Aug 2017
Introduced Apr 4, 2017 Signed Aug 22, 2017
Floor votes · Senate May 25, 2017 · House Mar 30, 2017

How they voted

45–0
Passed · 3 other
Total votes 48
May 25, 2017
D Democratic28
26 Yea 2
92% Yea
R Republican20
19 Yea 1
95% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
28
Key actions
5
Committee
6
Aug 22, 2017
Signed into law
Governor Approved
lower
May 25, 2017
Lower · Passed
Passed Both Houses
lower
May 10, 2017
Upper · Passed
Do Pass Financial Institutions; 007-000-000
upper
Apr 25, 2017
Committee
Assigned to Financial Institutions
upper
Apr 4, 2017
Committee
Referred to Assignments
upper
Apr 4, 2017
Introduced
Arrive in Senate
upper
Mar 30, 2017
House · Passed
House Vote: pass (92-0-8)
house
Mar 14, 2017
Lower · Passed
Do Pass / Short Debate Financial Institutions Committee; 010-000-000
lower
Feb 22, 2017
Committee
Assigned to Financial Institutions Committee
lower
Feb 9, 2017
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.