Illinois Administrative Code

Section 1055.400 Data Collection and Reporting a) As part of its examination, the Secretary shall require a covered mortgage licensee to collect and report for examination purposes the data fields required under HMDA. The covered mortgage licensee shall be expected to test its da…

Section 1055.410 Content and Availability of Public Information a) Information available to the public. A covered mortgage licensee shall maintain the following information to be made available to the public upon request: 1) all written comments received from the public for the c…

Section 1055.420 Publication of Planned Examination Schedule The Secretary publishes at least 30 days in advance of the beginning of each calendar quarter a list of covered mortgage licensees scheduled for ILCRA examinations in that quarter.

Section 1055.430 Alternative Examination Procedures The Secretary may establish alternative examination procedures for institutions that were rated "outstanding" as of their most recent ILCRA compliance examination. The purpose of such alternative procedures shall be to reduce th…

Section 1055.440 Examination Authority and Cooperation a) Pursuant to the Secretary's authority under the ILCRA, including, but not limited to, Sections 35-15 and 35-25 of the ILCRA, the Secretary and the Secretary's appointees may examine the entire books, records, documents, an…

Section 1055.450 Examination Frequency a) Subject to the provisions of this Section, the Secretary may conduct examinations under the ILCRA or this Part in coordination with authorities from other states with the authority to regulate institutions and individuals engaged in the o…

Section 1055.460 Examination Fees a) Annual fees. Each fiscal year, a covered mortgage licensee pursuant to Section 35-15 of the ILCRA shall pay an annual ILCRA fee to the Department based upon its total number of Illinois mortgage loans as shown by its Mortgage Call Reports for …

Section 1055.470 Implementation Period a) Covered mortgage licensees shall comply with the requirements of this Part by November 1, 2024. b) For covered mortgage licensees that made fewer than 100 home mortgage loans in the State in the last calendar year, the Secretary shall not…

Section 1055.480 Enforcement Failure to comply with any requirement under the ILCRA, this Part or other law referenced in the ILCRA, shall be grounds for enforcement actions as authorized under the ILCRA and under the Residential Mortgage License Act of 1987 [205 ILCS 635]. Any f…

Section 1055.APPENDIX C ILCRA Illustrative List of Qualifying Activities for Covered Mortgage Licensees This list is a non-exhaustive, illustrative list of examples of activities, where applicable to covered mortgage licensees, that would meet the criteria for a community develop…

Section 1075.100 Filings Filings pertaining to matters named hereafter shall be subject to the indicated fee pursuant to the Savings Bank Act (the Act) [205 ILCS 205]. Such fee or fees shall be paid at the Department of Financial and Professional Regulation-Division of Banking (D…

Section 1075.1000 Default (Repealed) (Source: Repealed at 46 Ill. Reg. 18013, effective October 27, 2022)

Section 1075.1005 Evidence (Repealed) (Source: Repealed at 46 Ill. Reg. 18013, effective October 27, 2022)

Section 1075.1010 Official Notice (Repealed) (Source: Repealed at 46 Ill. Reg. 18013, effective October 27, 2022)

Section 1075.1015 Hostile Witnesses (Repealed) (Source: Repealed at 46 Ill. Reg. 18013, effective October 27, 2022)

Section 1075.1020 Transcription of Proceedings (Repealed) (Source: Repealed at 46 Ill. Reg. 18013, effective October 27, 2022)

Section 1075.1025 Briefs (Repealed) (Source: Repealed at 46 Ill. Reg. 18013, effective October 27, 2022)

Section 1075.1030 Hearing Officer's Findings, Opinions and Recommendations (Repealed) (Source: Repealed at 46 Ill. Reg. 18013, effective October 27, 2022)

Section 1075.1035 Order of the Director (Repealed) (Source: Repealed at 46 Ill. Reg. 18013, effective October 27, 2022)

Section 1075.1040 Rehearings (Repealed) (Source: Repealed at 46 Ill. Reg. 18013, effective October 27, 2022)

Section 1075.1045 Existing Statutory or Division Procedures and Practices (Repealed) (Source: Repealed at 46 Ill. Reg. 18013, effective October 27, 2022)

Section 1075.1050 Costs of Hearing (Repealed) (Source: Repealed at 46 Ill. Reg. 18013, effective October 27, 2022)

Section 1075.1055 Emergency Adjudication (Repealed) (Source: Repealed at 46 Ill. Reg. 18013, effective October 27, 2022) SUBPART J: SAVINGS BANK HOLDING COMPANIES

Section 1075.110 Conditions a) No submission subject to a fee shall be considered complete without the stipulated fee. b) The fee shall be non-refundable regardless of the subsequent action with respect to the submission. c) The Director may waive the payment of the applicable fe…

Section 1075.1100 Applicability a) Subpart J of this Part shall apply to stock holding companies or savings banks that directly or indirectly own or control or seek to own or control 25% or more of the voting shares or rights of any insured institution in any manner and to mutual…

Section 1075.1105 Definitions "Acquiree savings bank" means any subsidiary savings bank, other than a resulting savings bank, that is acquired by a mutual holding company as part of, and concurrently with, a mutual holding company reorganization and is in mutual form immediately …

Section 1075.1110 Mutual Holding Company Reorganizations A mutual savings bank may reorganize to become a mutual holding company, or join in a mutual holding company reorganization or thereafter as an acquiree savings bank or a pre-existing depository institution, only upon satis…

Section 1075.1111 Subsidiary Holding Company As part of a mutual holding company reorganization or thereafter, a mutual holding company may establish a subsidiary stock holding company which shall wholly own and control the resulting savings bank and any acquiree savings banks. A…

Section 1075.1115 Prohibition Against Approval of Certain Applications for Reorganization No application for reorganization may be approved by the Director if: a) The plan of reorganization adopted by the applicant's board of directors is not in accordance with this Subpart; b) T…

Section 1075.1120 Contents of Reorganization Plans Each Reorganization Plan shall contain a complete description of all the significant terms of the proposed reorganization, shall attach and incorporate any Stock Issuance Plan proposed in connection with the Reorganization Plan, …

Section 1075.1125 Capital Stock (Repealed) (Source: Repealed at 18 Ill. Reg. 15094, effective September 26, 1994)

Section 1075.1130 Charter (Repealed) (Source: Repealed at 18 Ill. Reg. 15094, effective September 26, 1994)

Section 1075.1135 Control (Repealed) (Source: Repealed at 18 Ill. Reg. 15094, effective September 26, 1994)

Section 1075.1140 Eligible Account Holder (Repealed) (Source: Repealed at 18 Ill. Reg. 15094, effective September 26, 1994)

Section 1075.1145 Eligibility Record Date (Repealed) (Source: Repealed at 18 Ill. Reg. 15094, effective September 26, 1994)

Section 1075.1150 Employee (Repealed) (Source: Repealed at 18 Ill. Reg. 15094, effective September 26, 1994)

Section 1075.1155 Equity Security (Repealed) (Source: Repealed at 18 Ill. Reg. 15094, effective September 26, 1994)

Section 1075.1160 Insured Institution (Repealed) (Source: Repealed at 18 Ill. Reg. 15094, effective September 26, 1994)

Section 1075.1165 Member (Repealed) (Source: Repealed at 18 Ill. Reg. 15094, effective September 26, 1994)

Section 1075.1170 Net Worth (Repealed) (Source: Repealed at 18 Ill. Reg. 15094, effective September 26, 1994)

Section 1075.1175 Officer (Repealed) (Source: Repealed at 18 Ill. Reg. 15094, effective September 26, 1994)

Section 1075.1180 Person (Repealed) (Source: Repealed at 18 Ill. Reg. 15094, effective September 26, 1994)

Section 1075.1185 Qualifying Deposit (Repealed) (Source: Repealed at 18 Ill. Reg. 15094, effective September 26, 1994)

Section 1075.1190 Sale (Repealed) (Source: Repealed at 18 Ill. Reg. 15094, effective September 26, 1994)

Section 1075.1195 Security (Repealed) (Source: Repealed at 18 Ill. Reg. 15094, effective September 26, 1994)

Section 1075.120 Examination Fees (Repealed) (Source: Repealed at 42 Ill. Reg. 16507, effective August 23, 2018)

Section 1075.1200 Source Documents (Repealed) (Source: Repealed at 18 Ill. Reg. 15094, effective September 26, 1994)