loans. (a) On or before October 1 and April 1 of each year, each servicer of Illinois residential mortgage loans shall report to the Commissioner or the Director the default and foreclosure data of conventional loans for the 6-month periods ending June 30 and December 31, respectively. (b) Each servicer shall report the following information: (1) The average quarterly dollar amount of conventional one to 4 family mortgage loans secured by Illinois real estate. (2) The average quarterly number of conventional one to 4 family mortgage loans secured by Illinois real estate. (3) The average quarterly dollar amount of conventional one to 4 family mortgage loans secured by Illinois real estate that are in default over 90 days. (4) The average quarterly number of conventional one to 4 family mortgage loans secured by Illinois real estate that are in default over 90 days. (5) The dollar amount of foreclosures on one to 4 family conventional loans completed during the reporting period. (6) The number of foreclosures on one to 4 family conventional loans completed during the reporting period. (7) Whether any of the loans where a foreclosure was completed were originated less than 18 months before the completed foreclosure. (8) Whether any of the loans where a foreclosure was completed had a note rate greater than 10% for first lien mortgage loans or greater than 12% in the case of a junior lien. (c) An officer of the servicer shall sign the form. conventional one to 4 family mortgage loans secured by Illinois real estate. to 4 family mortgage loans secured by Illinois real estate. conventional one to 4 family mortgage loans secured by Illinois real estate that are in default over 90 days. to 4 family mortgage loans secured by Illinois real estate that are in default over 90 days. family conventional loans completed during the reporting period. conventional loans completed during the reporting period. completed were originated less than 18 months before the completed foreclosure. completed had a note rate greater than 10% for first lien mortgage loans or greater than 12% in the case of a junior lien.
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