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SB 253 Illinois Senate · 96th Regular Session

CONVEY-PRED LENDING-MTGE RIDER

Summary
Amends the Conveyances Act. Provides that every mortgage securing residential real estate shall have attached a rider, certified by the mortgage lender, that states the name of each participant in the origination of the mortgage, the participant's applicable license or registration number, if any, and the participant's function by using these function categories: mortgage origination company; loan officer; appraiser; real estate broker for the seller, real estate broker for the buyer, lender funding the mortgage; and title insurance company. Provides that a mortgage on residential real estate that is subject to the Illinois predatory lending database pilot program must have attached to it a certificate of compliance or a certificate of exemption issued pursuant to that program.
Bill status signed all 5 stages cleared
Introduction
Apr 2009
Committee Review
Oct 2009
Senate Passage
Oct 2009
House Passage
Oct 2009
Signed into Law
Dec 2009
Introduced Apr 2, 2009 Signed Dec 31, 2009
Floor votes · Senate Oct 30, 2009 · House Oct 29, 2009

How they voted

49–0
Passed
Total votes 49
Oct 30, 2009
D Democratic30
30 Yea
100% Yea
R Republican19
19 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
59
Key actions
8
Committee
11
Amendments
6
Dec 31, 2009
Signed into law
Governor Approved
upper
Oct 30, 2009
Upper · Passed
Passed Both Houses
upper
Oct 30, 2009
Introduced
House Floor Amendment No. 1 Senate Concurs 059-000-000
upper
Oct 30, 2009
Introduced
House Floor Amendment No. 1 Motion To Concur Recommended Do Adopt Executive; 012-000-000
upper
Oct 30, 2009
Committee
House Floor Amendment No. 1 Motion to Concur Assignments Referred to Executive
upper
Oct 29, 2009
Committee
House Floor Amendment No. 1 Motion to Concur Referred to Assignments
upper
Oct 29, 2009
Introduced
Placed on Calendar Order of Concurrence House Amendment(s) 1 - October 30, 2009
upper
Oct 29, 2009
Introduced
Secretary's Desk - Concurrence House Amendment(s) 1
upper
Oct 29, 2009
Lower · Passed
House Floor Amendment No. 1 Adopted by Voice Vote
lower
Oct 29, 2009
House · Passed
House Vote: pass (95-0)
house
Oct 28, 2009
Lower · Passed
House Floor Amendment No. 1 Recommends Be Adopted Financial Institutions Committee; 022-000-000
lower
Oct 27, 2009
Lower · Passed
House Floor Amendment No. 1 Rules Refers to Financial Institutions Committee
lower
Oct 16, 2009
Committee
House Floor Amendment No. 1 Referred to Rules Committee
lower
Oct 16, 2009
Introduced
House Floor Amendment No. 1 Filed with Clerk by Rep. Angelo Saviano
lower
May 5, 2009
Lower · Passed
Do Pass / Short Debate Financial Institutions Committee; 018-000-003
lower
Apr 14, 2009
Committee
Assigned to Financial Institutions Committee
lower
Apr 2, 2009
Committee
Referred to Rules Committee
lower
Apr 2, 2009
Introduced
Arrived in House
lower
Mar 12, 2009
Upper · Passed
Do Pass Financial Institutions; 011-000-000
upper
Feb 10, 2009
Committee
Assigned to Financial Institutions
upper
Feb 4, 2009
Committee
Referred to Assignments
upper
0 primary · 4 co-sponsors

Sponsors

No sponsor information available.