RESIDENTIAL MORTGAGE LICENSE House SponsorsRep. Elaine Nekritz, Linda Chapa LaVia and Silvana Tabares Senate Sponsors(Sen. Don Harmon) 7/23/2015HousePublic Act . . . . . . . . . 99-0113 205 ILCS 635/1-3from Ch. 17, par. 2321-3 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. 2/20/2015HouseFiled with the Clerk by Rep. Elaine Nekritz 2/20/2015HouseFirst Reading 2/20/2015HouseReferred to Rules Committee 3/2/2015HouseAssigned to Financial Institutions Committee 3/5/2015HouseAdded Co-Sponsor Rep. Linda Chapa LaVia 3/10/2015HouseDo Pass / Short Debate Financial Institutions Committee; 023-000-000 3/11/2015HousePlaced on Calendar 2nd Reading - Short Debate 3/11/2015HouseAdded Co-Sponsor Rep. Silvana Tabares 3/12/2015HouseSecond Reading - Short Debate 3/12/2015HousePlaced on Calendar Order of 3rd Reading - Short Debate 3/17/2015HouseThird Reading - Short Debate - Passed 113-000-000 3/18/2015SenateArrive in Senate 3/18/2015SenatePlaced on Calendar Order of First Reading 3/18/2015SenateChief Senate Sponsor Sen. Don Harmon 3/18/2015SenateFirst Reading 3/18/2015SenateReferred to Assignments 4/8/2015SenateAssigned to Financial Institutions 4/29/2015SenateDo Pass Financial Institutions; 009-000-000 4/29/2015SenatePlaced on Calendar Order of 2nd Reading April 30, 2015 5/18/2015SenateSecond Reading 5/18/2015SenatePlaced on Calendar Order of 3rd Reading May 19, 2015 5/19/2015SenateThird Reading - Passed; 055-001-000 5/19/2015HousePassed Both Houses 6/17/2015HouseSent to the Governor 7/23/2015HouseGovernor Approved 7/23/2015HouseEffective Date July 23, 2015 7/23/2015HousePublic Act . . . . . . . . . 99-0113