815 ILCS 137/70

Current through Public Act 103-1052

Section 815 ILCS 137/70 - Negative equity

No lender shall transfer, deal in, offer, or make a high risk home loan where the loan amount exceeds the value of the property securing the loan.

815 ILCS 137/70

Added by P.A. 093-0561, § 70, eff. 1/1/2004.