Illinois Compiled Statutes 205 ILCS 635/5-1 – The Commissioner may promulgate rules with respect to brokering and …
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Terms Used In Illinois Compiled Statutes 205 ILCS 635/5-1
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
The Commissioner may promulgate rules with respect to brokering and lending procedures of residential mortgage licensees as necessary to accomplish the purposes of this Act.