The Department's mission is to protect and promote the lives of Illinois consumers. We do this by overseeing over one million professionals in nearly 100 industries. We license everything from barbers to banks and architects to veterinarians. We also oversee most of the state’s financial institutions, which have combined assets in excess of $4 trillion.
The Mortgage Fraud Task Force (MFTF) was formed in 2006 to investigate and stop mortgage fraud. Since its inception, the MFTF has taken disciplinary action against more than 100 persons and entities and assessed fines in excess of $1 million and conducted a regulatory sweep of more than 150 mortgage companies to ensure that they were complying with stricter underwriting standards for mortgage companies. MORE>>>
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Protect Yourself from Internet Loan Abuse
More and more, consumers are turning to the internet to obtain loans. Borrowing money via the internet, while convenient, can also be extremely hazardous. Click here for tips to help protect yourself from becoming a victim of a predatory internet lender.
The office of citizen is the highest office in the land. One of the best ways to participate in our democracy is by serving on a state board, commission or committee. These groups oversee and advise Illinois’ elected
officials, state agencies and organizations on a wide range of issues that affect public policy and welfare. Click here to see how you can help...