Illinois Compiled Statutes 815 ILCS 137/25 – Good faith dealings; fraudulent or deceptive practices
Current as of: 2024 | Check for updates
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A lender must act in good faith in all relations with a borrower, including but not limited to, transferring, dealing in, offering, or making a high risk home loan.
No lender shall employ fraudulent or deceptive acts or practices in the making of a high risk home loan, including deceptive marketing and sales efforts.
No lender shall employ fraudulent or deceptive acts or practices in the making of a high risk home loan, including deceptive marketing and sales efforts.