FY26 Anti-Predatory Lending Database SEFS

The Illinois Department of Financial and Professional Regulation (IDFPR), Division of Banking, has awarded a sole source contract to Catalis Regulatory & Compliance, LLC for the Anti-Predatory Lending Database (APLD) project. Valued at $1.49M, the contract covers the period from September 2, 2025, to June 30, 2026, and focuses on implementing a database system to track residential mortgage loan transactions in Cook, Kane, Peoria, and Will counties. Mandated by Public Act 94-280, the system enables brokers, loan originators, credit counselors, title insurance companies, and closing agents to enter borrower application and closing information online.

The prime contractor will provide comprehensive technology, business processes, and support for the APLD, including program management, technical infrastructure, customer service, and regulatory compliance support. Key functionality includes tracking mortgage loan transactions initiated by licensed loan originators and mortgage brokers, determining credit counseling recommendations based on Department standards, and generating required programmatic reports. The sole source procurement is justified by Catalis being the exclusive vendor capable of delivering this specialized database solution, with alternative development estimated to cost between $2 million to $10 million and require multiple years of implementation.