Comments: IL HB4030 | 2019-2020 | 101st General Assembly

Bill Title: 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).

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2020-02-18 - Tabled [HB4030 Detail]

Text: Latest bill text (Introduced) [HTML]

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