{"data":{"id":"us-il/205-ilcs-635-5-14","jurisdiction":"us-il","citation":"205 ILCS 635/5-14","heading":"Prohibition on equity stripping and loan flipping.","body":"No licensee may engage in equity stripping or loan flipping, as those terms are defined in the Illinois Fairness in Lending Act.","path":["CHAPTER 205 FINANCIAL REGULATION","Residential Mortgage License Act of 1987."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=1196\u0026ChapterID=20\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:29Z","sha256":"40da62c1cc547a4f18076b06cbd9b9411deba8dbdd738a7f9f60e2bb46102686","source_id":"us-il","stale":false,"prev":"us-il/205-ilcs-635-5-12.5","next":"us-il/205-ilcs-635-5-15"},"notice":"GroundRules: Original legal text. Not legal advice."}