The Default and
Foreclosure Report is implemented and authorized by Section 115 of
the High Risk Home Loan Act (815 ILCS 137/115). Disclosure of this
information is REQUIRED.
Mortgage Banking
(Servicers), Thrifts & State Banks
It is required that you file the Default and Foreclosure Report for the period of July 1 - December 31, 2011 online.
The due date to file online for this period is
Sunday, April 1, 2012.
File the report on-line
using the link below. The necessary user ID and password
will be furnished to you via U.S. mail when the letter is mailed to you.
Online Default
and Foreclosure Reporting for Mortgage Banking, Thrifts and State Banks
Default and Foreclosure Excel
Spreadsheets (For electronic submission (only) of property information for foreclosures and high
risk home loan reporting - see note below).
Online Default and Foreclosure Instructions
and FAQ's
NOTE: If you
filed anything other than "0" for question #3, the property information
must be entered online on the appropriate (foreclosure/high risk
home loan reporting) screens. For question #3, if there are
more than 20 properties reported, submit the property information
via email using an excel spreadsheet to Tom.Bernard@Illinois.gov.
Encrypted submissions will NOT be accepted, your Excel spreadsheets
can be password protected (only) and your password must be provided
in a separate email. Your submission must be in the same format and columns as the spreadsheet found online.
The spreadsheets can be downloaded from our website at Default
and Foreclosure Excel Spreadsheets. |