Illinois Code § 815 ILCS 137/70

Negative equity.
Open in Lexace · Ask the AI about this section
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.

‹ Prev All Illinois sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.