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HB 2814 Illinois House · 99th Regular Session

RESIDENTIAL MORTGAGE LICENSE

Summary
Amends the Residential Mortgage License Act of 1987. Provides that a mortgage loan brokered, funded, originated, serviced, or purchased by a party who is not licensed shall not be held to be invalid solely on the basis of specified violations of the Act. Effective immediately.
Bill status signed all 5 stages cleared
Introduction
Mar 2015
Committee Review
Apr 2015
House Passage
May 2015
Senate Passage
May 2015
Signed into Law
Jul 2015
Introduced Mar 18, 2015 Signed Jul 23, 2015
Floor votes · Senate May 19, 2015 · House Mar 17, 2015

How they voted

43–1
Passed · 3 other
Total votes 47
May 19, 2015
D Democratic29
26 Yea 1 Nay 2
89% Yea
R Republican18
17 Yea 1
94% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
28
Key actions
5
Committee
6
Jul 23, 2015
Signed into law
Governor Approved
lower
May 19, 2015
Lower · Passed
Passed Both Houses
lower
Apr 29, 2015
Upper · Passed
Do Pass Financial Institutions; 009-000-000
upper
Apr 8, 2015
Committee
Assigned to Financial Institutions
upper
Mar 18, 2015
Committee
Referred to Assignments
upper
Mar 18, 2015
Introduced
Arrive in Senate
upper
Mar 17, 2015
House · Passed
House Vote: pass (93-0-5)
house
Mar 10, 2015
Lower · Passed
Do Pass / Short Debate Financial Institutions Committee; 023-000-000
lower
Mar 2, 2015
Committee
Assigned to Financial Institutions Committee
lower
Feb 20, 2015
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.