Welcome to the Illinois Department of Financial and Professional Regulation
IDFPR is committed to protecting Illinois citizens in their dealing with the industries and professions that IDFPR regulates and licenses. IDFPR licenses over 1 million professionals in approximately 100 industries. IDFPR is comprised of the Office of the Secretary and four divisions that represent the agency's various functions and activities:
The Making Home Affordable Plan, formally known as the Homeowner Affordability and Stability Plan, is part of President Obama’s strategy to get the economy back on track. The plan aims to help millions of families restructure or refinance their mortgages to avoid foreclosure and to save neighborhoods and communities from the negative effects of foreclosure such as lower housing prices, increased crime and higher taxes. For further information on this assistance plan, visit www.makinghomeaffordable.gov or call our hotline at 1-800-532-8785.
On April 5, 2009, Governor Pat Quinn signed into law the Homeowner Protection Act. The Homeowner Protection Act, which was passed unanimously by the General Assembly, gives homeowners who fall behind on their mortgage payments time to work with their lender to develop a plan that will allow them to stay in their homes. IDFPR stands ready to help you understand this new law and take advantage of its important protections. While the information below is meant to address most questions, please do not hesitate to contact the IDFPR Toll Free Hotline at 800-532-8785 for additional information. MORE>>
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Mortgage Fraud Task Force
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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 70 persons and entities and assessed fines in excess of $200,000. Also, last year, the MFTF conducted a regulatory sweep of more than 150 mortgage companies to ensure that they were complying with a new law that established stricter underwriting standards for mortgage companies. MORE>>>