Bill Title: Amends the Residential Mortgage License Act of 1987. Provides that each full service office (rather than office, place of business, or location) at which a residential mortgage licensee conducts any part of his or her business must be recorded with the Secretary of Financial and Professional Regulation. Provides that licensees may allow employees to work from a remote location if specified conditions are met. Provides that "full service office" does not include a remote location. Defines "remote location".

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2025-01-07 - Session Sine Die [HB3487 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2023-02-17	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB3487

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB3487 currently on file.

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