The Secretary of the Department of Financial & Professional Regulations (the "Secretary") is making this designation of the "Pilot Program Area" as directed in 765 ILCS 77 (HB4050 from94th General Assembly). In making this designation, the Secretary received and reviewed information that suggests that the prior designation may be detrimental to the Pilot Program's purpose, namely, to curb predatory lending practices in areas with high rates of foreclosure on residential home mortgages. Based on this review, the Secretary hereby withdraws the designation made on January 27, 2006, and designates the Pilot Program Area as no Zip codes or areas whatsoever. |