Agencies
Services
Residential Finance
The mission of the Bureau of Residential Finance is to fairly administer the Residential Mortgage License Act of 1987 and the regulations promulgated hereunder.
The Bureau of Residential Finance Regulates:
Shared Appreciation Mortgages—Request for Comments (DEADLINE EXTENDED)
IDFPR’s Division of Banking is issuing an Advance Notice of Proposed Rulemaking (ANPR) to solicit comments on potential topics relating to shared appreciation mortgages, as defined in Public Act 103-1015. Subjects for potential comment include: licensing and examination of shared appreciation mortgage providers, methods of calculating fair market value, written consumer disclosures, and borrower counseling.
Comments are due on or before October 23, 2024. The ANPR may be found below:
Shared Appreciation Mortgage: Advance Notice of Proposed Rulemaking
Notice Regarding the Processing of Private Lending Exemption Certificates (private mortgages)
PRIVATE LENDING EXEMPTION CERTIFICATES must be attached to all private mortgages originated in Cook County, Kane County, Will County and Peoria County to facilitate recording by the Recorder of Deeds. Click here for more information.
Divisions of the Bureau
Bureau Information
APLD Notices & Semi-Annual Report
Mortgage Banking Licensee List
Nationwide Mortgage Licensing System (NMLS)
Bureau of Residential Finance Enforcement Actions
Default and Foreclosure Study
Default and Foreclosure Reporting Spreadsheet
NMLS Mortgage Call Reports accepted in lieu of all Annual Activity Reports
Instructions for Completing the Repurchase Demand Form
Mortgage Brokers and Bankers Forms
File a Complaint