TITLE 47: HOUSING AND COMMUNITY DEVELOPMENT CHAPTER II: ILLINOIS HOUSING DEVELOPMENT AUTHORITY PART 250 SINGLE FAMILY MORTGAGE PURCHASE PROGRAM II The General Assembly's Illinois Administrative Code database includes only those rulemakings that have been permanently adopted. This menu will point out the Sections on which an emergency rule (valid for a maximum of 150 days, usually until replaced by a permanent rulemaking) exists. The emergency rulemaking is linked through the notation that follows the Section heading in the menu. SUBPART A: GENERAL RULES Section 250.101 Authority Section 250.102 Purpose and Objectives Section 250.103 Definitions Section 250.104 Borrowing by the Authority Section 250.105 Compliance with Federal Law Section 250.106 Standards Section 250.107 Forms for the Program Section 250.108 Fees and Charges of the Authority Section 250.109 Waiver (Repealed) Section 250.110 Amendment Section 250.111 Severability Section 250.112 Gender and Number Section 250.113 Titles and Captions Section 250.114 Calendar Days SUBPART B: APPLICATION PROCESS Section 250.201 Invitations to Sell Mortgage Loans Section 250.202 Applications to Sell Mortgage Loans Section 250.203 Allocation of Net Proceeds for Purchase of Mortgage Loans Section 250.204 Notice of Acceptance Section 250.205 Commitments for Mortgage Loans Section 250.206 Reservation of Allocations by Lenders SUBPART C: PURCHASE OF MORTGAGE LOANS Section 250.301 Mortgage Loans Section 250.302 Yield on Mortgage Loans Section 250.303 Terms and Conditions of the Purchase of Mortgage Loans Section 250.304 Prepayment Section 250.305 Targeted Area Residences Section 250.306 Mortgage Pool Insurance Section 250.307 Arbitrage and Investment Gains SUBPART D: ADMINISTRATIVE RULES Section 250.401 Restrictions on Return Realized by Lenders Section 250.402 Servicing of Mortgage Loans Section 250.403 Purchase of Authority Bonds Section 250.404 Equal Opportunity Lending Section 250.405 Inspection of Books and Records Section 250.406 Termination

AUTHORITY: Implementing the Mortgage Subsidy Bond Tax Act of 1980 (26 U.S.C. Section 103A) and authorized by Sections 7.19 and 7.23 of the Illinois Housing Development Act [20 ILCS 3805/7.19 and 7.23].

SOURCE: Adopted at 7 Ill. Reg. 10818, effective August 19, 1983; emergency amendment at 8 Ill. Reg. 13880, effective July 25, 1984, for a maximum of 150 days; amended at 8 Ill. Reg. 24998, effective December 19, 1984; amended at 22 Ill. Reg. 3865, effective February 4, 1998.