<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 4874   </title>
<shortdesc>RESIDENTIAL MORTGAGE-NOTICES</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Robert W. Churchill</sponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2007</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>205 ILCS 635/5-10 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Residential Mortgage License Act of 1987. Requires each foreign mortgagor to provide to the borrower, at closing, a written statement of compliance certifying (i) that the foreign mortgagor is in compliance with the Act or is an exempt person or entity under the Act and (ii) that the foreign mortgagor is in compliance with all applicable requirements of the Office of the Secretary of State in order to do business in Illinois.</SynopsisText></synopsis>
<actions>
<statusdate>1/19/2006</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Robert W. Churchill</action>
<statusdate>1/19/2006</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/19/2006</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/9/2007</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

