(815 ILCS 137/115)
    Sec. 115. Report of default and foreclosure rates on conventional loans.
    (a) On or before October 1 and April 1 of each year, each servicer of Illinois residential mortgage loans shall report to the Commissioner or the Director the default and foreclosure data of conventional loans for the 6-month periods ending June 30 and December 31, respectively.
    (b) Each servicer shall report the following information:
        (1) The average quarterly dollar amount of conventional one to 4 family mortgage loans
    
secured by Illinois real estate.
        (2) The average quarterly number of conventional one to 4 family mortgage loans secured
    
by Illinois real estate.
        (3) The average quarterly dollar amount of conventional one to 4 family mortgage loans
    
secured by Illinois real estate that are in default over 90 days.
        (4) The average quarterly number of conventional one to 4 family mortgage loans secured
    
by Illinois real estate that are in default over 90 days.
        (5) The dollar amount of foreclosures on one to 4 family conventional loans completed
    
during the reporting period.
        (6) The number of foreclosures on one to 4 family conventional loans completed during
    
the reporting period.
        (7) Whether any of the loans where a foreclosure was completed were originated less than
    
18 months before the completed foreclosure.
        (8) Whether any of the loans where a foreclosure was completed had a note rate greater
    
than 10% for first lien mortgage loans or greater than 12% in the case of a junior lien.
    (c) An officer of the servicer shall sign the form.
(Source: P.A. 93-561, eff. 1-1-04.)