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Current as of January 01, 2025 | Updated by Findlaw Staff
§ 3-102.10. Third-party loan modification service provider.
(A) It is a civil rights violation for a third-party loan modification service provider, because of unlawful discrimination, familial status, immigration status, source of income, or an arrest record, to:
(1) refuse to engage in loan modification services;
(2) alter the terms, conditions, or privileges of such services; or
(3) discriminate in making such services available, including, but not limited to, by making a statement, advertisement, representation, inquiry, listing, offer, or solicitation that indicates a preference or the intention to make such a preference in making such services available.
(B) For purposes of this Section, “third-party loan modification service provider” means a person or entity, whether licensed or not, who, for or with the expectation of receiving consideration, provides assistance or services to a loan borrower to obtain a modification to a term of an existing real estate loan or to obtain foreclosure relief. “Third-party loan modification service provider” does not include lenders, brokers or appraisers of mortgage loans, or the servicers, subsidiaries, affiliates, or agents of the lender.
Cite this article: FindLaw.com - Illinois Statutes Chapter 775. Human Rights § 5/3-102.10. Third-party loan modification service provider - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-775-human-rights/il-st-sect-775-5-3-102-10/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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