Discover how Propel™ streamlines DSCR loan production. Generate compliant DSCR documentation nationwide, close faster, and scale investor lending with seamless integration and compliance-first automation.
Beginning January 1st, loan originators in Illinois will be permitted to work from a remote location
provided certain customer interaction and information security requirements are met. Previously, loan
originators were only able to conduct business in locations licensed as a branch office.
While many states issued temporary executive orders permitting remote work during the pandemic out
of health and safety concerns, several states have since updated their laws in keeping with the move
towards the increased use of remote work environments.
The Illinois bill may be viewed in its entirety by visiting Illinois House Bill 2325.
Discover how Propel™ streamlines DSCR loan production. Generate compliant DSCR documentation nationwide, close faster, and scale investor lending with seamless integration and compliance-first automation.
Find out why a top-ten mortgage lender with a proprietary loan origination system (LOS) needed to convert from a legacy document platform.
Learn about the changes of state consumer protection and the responsibility of financial services institutions to pursue operational excellence and a culture of compliance.