Tag Archive: "West Virginia"
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West Virginia Recent Regulatory Updates
West Virginia Modifies Provisions Regarding SAFE Mortgage Licensing Act, Uniform Power of Attorney Act, Uniform Fiduciary Access to Digital Assets Act and Uniform Voidable Transactions Act.
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West Virginia Amends Provisions Regarding Consumer Credit, Uniform Trust and Allowable Fees
The state of West Virginia amended its provisions regarding its Consumer Credit and Protection Act, Uniform Trust Code and County Clerk Fee Allowances.
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West Virginia Updates Multiple Regulations
West Virginia recently made amendments to its Good Funds Settlement Act, Power of Attorney Statute, Consumer Credit and Protection Act and Mortgage Modification and Refinance Loans. Good Funds Settlement Act The amendment to the Good Funds Settlement Act was made to allow interest to accrue on a loan during the rescission period required by the […]
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West Virginia Revises Provisions Regarding Deeds of Trust and Modification Charges
By Paul McSheffrey, J.D.Trustee Real Estate Sales With Senate Bill No. 418, the West Virginia legislature has enacted provisions regarding the sale of real estate by a trustee under a deed of trust. Section 38-1-7(b) of the Code of West Virginia, 1931 now provides that a defendant in a civil action to recover a deficiency […]
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West Virginia Revises Notary and Consumer Credit Protection Provisions
by: Louis Danastorg West Virginia Revises Provisions Regarding Consumer Credit ProtectionHouse Bill 4360 West Virginia has amended and reenacted provisions in section 46A article 2 relating to conduct that constitutes unfair or unconscionable conduct when collecting or attempting to collect a debt. Unfair or unconscionable conduct now includes: a) Seeking or obtaining any written statement or […]
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West Virginia Re-enacts Mortgage Licensing, Lending and Servicing Acts
by: Louis DanastorgWest Virginia SAFE Mortgage Licensing Act and West Virginia Mortgage Lender, Broker and Servicer Act – Senate Bill 383 Earlier this month West Virginia passed an act to amend and reenact definitions within the West Virginia SAFE Mortgage Licensing Act and the West Virginia Mortgage Lender, Broker and Servicer Act (WV Codes ยง31-17A-2 […]