Get The Latest News!

Don't miss our top stories and need-to-know news everyday in your inbox.

Article continues after sponsor message

CHICAGO - "House Resolution 2121, currently before the US Senate, creates a positive economic impact on Illinois' mortgage industry, removing barriers to employment for experienced loan originators as they work to fulfill requisite SAFE ACT education and testing," said Bryan A. Schneider, Illinois Department of Financial and Professional Regulation Secretary.  

"By providing temporary licensure for registered mortgage loan originators moving from a financial institution to a state licensed mortgage company or interstate to a state licensed loan originator in another state, employers can hire experienced mortgage originators without delays and interruptions in business operations. I support this approach because it is consistent with our desire to create a regulatory environment conducive to strong economic growth and opportunity for Illinois' mortgage industry, while maintaining appropriate licensing safeguards."   

More like this:

Mar 5, 2024 - Free Home Buying Seminar Promises Insight into Credit, Mortgages

Mar 5, 2024 - First Mid Bank & Trust Offers Tips On Planning For A Mortgage Ahead Of Busy Housing Market Season

Mar 22, 2024 - Pritzker Administration Provides Nearly $300 Million In Emergency Mortgage Assistance

Feb 29, 2024 - Loan Applications Open for Licensed Social Equity Cannabis Dispensaries

Feb 29, 2024 - Federal Government Shutdown Would Threaten Well-Being of Illinois Residents and Businesses, Says State Treasurer Michael Frerichs