<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 1846   </title>
<shortdesc>HI RISK HOME LOAN-REVERSE MORT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Terry Link</sponsors>
</sponsor>
<lastaction>
<statusdate>1/8/2013</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>815 ILCS 137/10</reference><aliasreference></aliasreference><SynopsisText>Amends the High Risk Home Loan Act. Provides that "high risk home loan" does not include a loan for reverse mortgage financing of residential real estate, including under programs regulated by the Federal Housing Administration (FHA).</SynopsisText></synopsis>
<actions>
<statusdate>2/9/2011</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Terry Link</action>
<statusdate>2/9/2011</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/9/2011</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>3/2/2011</statusdate><chamber>Senate</chamber><action>Assigned to Financial Institutions</action>
<statusdate>3/10/2011</statusdate><chamber>Senate</chamber><action>Postponed - Financial Institutions</action>
<statusdate>3/17/2011</statusdate><chamber>Senate</chamber><action>Postponed - Financial Institutions</action>
<statusdate>3/18/2011</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/8/2013</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

