Illinois Administrative Code

Section 1050.1510 Hearings All administrative hearings shall be conducted in accordance with 38 Ill. Adm. Code 100. (Source: Amended at 46 Ill. Reg. 17985, effective October 27, 2022)

Section 1050.1520 Definitions (Repealed) (Source: Repealed at 29 Ill. Reg. 14808, effective September 26, 2005)

Section 1050.1530 Filing (Repealed) (Source: Repealed at 46 Ill. Reg. 17985, effective October 27, 2022)

Section 1050.1540 Form of Documents (Repealed) (Source: Repealed at 46 Ill. Reg. 17985, effective October 27, 2022)

Section 1050.155 High Risk Home Loan (Repealed) (Source: Repealed at 29 Ill. Reg. 14808, effective September 26, 2005)

Section 1050.1550 Computation of Time (Repealed) (Source: Repealed at 46 Ill. Reg. 17985, effective October 27, 2022)

Section 1050.1560 Appearances (Repealed) (Source: Repealed at 46 Ill. Reg. 17985, effective October 27, 2022)

Section 1050.157 Licensee (Repealed) (Source: Repealed at 29 Ill. Reg. 14808, effective September 26, 2005)

Section 1050.1570 Request for Hearing (Repealed) (Source: Repealed at 46 Ill. Reg. 17985, effective October 27, 2022)

Section 1050.1580 Notice of Hearing (Repealed) (Source: Repealed at 46 Ill. Reg. 17985, effective October 27, 2022)

Section 1050.1590 Service of the Notice of Hearing (Repealed) (Source: Repealed at 46 Ill. Reg. 17985, effective October 27, 2022)

Section 1050.1595 Bill of Particulars or Motion for More Definite Statement (Repealed) (Source: Repealed at 46 Ill. Reg. 17985, effective October 27, 2022)

Section 1050.160 Material (Repealed) (Source: Repealed at 29 Ill. Reg. 14808, effective September 26, 2005)

Section 1050.1600 Motion and Answer (Repealed) (Source: Repealed at 46 Ill. Reg. 17985, effective October 27, 2022)

Section 1050.1610 Consolidation and Severance of Matters – Additional Parties (Repealed) (Source: Repealed at 46 Ill. Reg. 17985, effective October 27, 2022)

Section 1050.1620 Intervention (Repealed) (Source: Repealed at 46 Ill. Reg. 17985, effective October 27, 2022)

Section 1050.1630 Postponement or Continuance of Hearing (Repealed) (Source: Repealed at 46 Ill. Reg. 17985, effective October 27, 2022)

Section 1050.1640 Authority of Hearing Officer (Repealed) (Source: Repealed at 46 Ill. Reg. 17985, effective October 27, 2022)

Section 1050.165 Other Regulatory Agencies (Repealed) (Source: Repealed at 29 Ill. Reg. 14808, effective September 26, 2005)

Section 1050.1650 Bias or Disqualification of Hearing Officer (Repealed) (Source: Repealed at 46 Ill. Reg. 17985, effective October 27, 2022)

Section 1050.1660 Prehearing Conferences (Repealed) (Source: Repealed at 46 Ill. Reg. 17985, effective October 27, 2022)

Section 1050.1670 Discovery (Repealed) (Source: Repealed at 46 Ill. Reg. 17985, effective October 27, 2022)

Section 1050.1680 Subpoenas (Repealed) (Source: Repealed at 46 Ill. Reg. 17985, effective October 27, 2022)

Section 1050.1690 Conduct of Hearing (Repealed) (Source: Repealed at 46 Ill. Reg. 17985, effective October 27, 2022)

Section 1050.170 Party (Repealed) (Source: Repealed at 29 Ill. Reg. 14808, effective September 26, 2005)

Section 1050.1700 Default (Repealed) (Source: Repealed at 46 Ill. Reg. 17985, effective October 27, 2022)

Section 1050.1710 Evidence (Repealed) (Source: Repealed at 46 Ill. Reg. 17985, effective October 27, 2022)

Section 1050.1720 Hostile Witnesses (Repealed) (Source: Repealed at 46 Ill. Reg. 17985, effective October 27, 2022)

Section 1050.1730 Record of Proceedings (Repealed) (Source: Repealed at 46 Ill. Reg. 17985, effective October 27, 2022)

Section 1050.1740 Briefs (Repealed) (Source: Repealed at 46 Ill. Reg. 17985, effective October 27, 2022)

Section 1050.175 Principal Place of Business (Repealed) (Source: Repealed at 29 Ill. Reg. 14808, effective September 26, 2005)

Section 1050.1750 Hearing Officer's Recommendation (Repealed) (Source: Repealed at 46 Ill. Reg. 17985, effective October 27, 2022)

Section 1050.1760 Order of the Director (Repealed) (Source: Repealed at 46 Ill. Reg. 17985, effective October 27, 2022)

Section 1050.1770 Rehearings and Reopening of Hearings (Repealed) (Source: Repealed at 46 Ill. Reg. 17985, effective October 27, 2022)

Section 1050.1790 Costs of Hearing (Repealed) (Source: Repealed at 46 Ill. Reg. 17985, effective October 27, 2022) SUBPART O: MORTGAGE AWARENESS PROGRAM

Section 1050.180 Repurchase a Loan (Repealed) (Source: Repealed at 29 Ill. Reg. 14808, effective September 26, 2005)

Section 1050.1800 Applicability Pursuant to Section 150 of the High Risk Home Loan Act [815 ILCS 137/150], this Subpart O does not apply to loans closed on or after January 1, 2004. (Source: Amended at 29 Ill. Reg. 14808, effective September 26, 2005)

Section 1050.1810 General The Mortgage Awareness Program is a counseling and educational component that is provided by the Department of Financial and Professional Regulation-Division of Financial Institutions. (Source: Amended at 29 Ill. Reg. 14808, effective September 26, 2005)

Section 1050.1820 Guidelines a) The core curriculum of the Mortgage Awareness Program shall include an explanation of: 1) the amount financed; 2) the finance charge; 3) the annual percentage rate; 4) the total payments; 5) the loan costs, including broker's fees, finance charges,…

Section 1050.1830 Offer of Mortgage Awareness Program a) Any lender, prior to making a high risk home loan, shall inform the borrower in writing of the right to participate in the Mortgage Awareness Program. b) No lender shall offer less favorable loan terms to a borrower due to …

Section 1050.185 State (Repealed) (Source: Repealed at 29 Ill. Reg. 14808, effective September 26, 2005)

Section 1050.190 Servicer (Repealed) (Source: Repealed at 29 Ill. Reg. 14808, effective September 26, 2005)

Section 1050.1900 Applicability Pursuant to Section 150 of the High Risk Home Loan Act [815 ILCS 137/150], this Subpart P does not apply to loans closed on or after January 1, 2004. (Source: Amended at 29 Ill. Reg. 14808, effective September 26, 2005)

Section 1050.1910 Report of Default and Foreclosure Rates on Conventional Loans a) On or before October 1 and April 1 of each year, each licensee that is a servicer of Illinois residential mortgage loans shall report to the Director the default and foreclosure data of conventiona…

Section 1050.1920 Director's Review and Analysis a) The Director shall review and analyze the default and foreclosure rate data reports submitted under Section 1050.1910. b) The reports and their analyses may be used: 1) In setting the scope of a regularly scheduled examination. …

Section 1050.195 Points and Fees (Repealed) (Source: Repealed at 29 Ill. Reg. 14808, effective September 26, 2005)

Section 1050.197 Total Loan Amount (Repealed) (Source: Repealed at 29 Ill. Reg. 14808, effective September 26, 2005)