illinois mortgage legislation: Illinois Legislature - Missing the Mark? - 07/06/07 09:41 PM
Illinois legislators missing the point?
Some IL State Senators have been attempting to pass legislation banning negative amortization loan products & stated income loans for mortgage brokers (only).  They also want to make individual loan originators liable for loans that default.
Here are some concerns about the effectiveness of this legislation.  … (2 comments)

 
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Illinois Mortgage Lender Greg Zaccagni

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