Article

West Virginia Residential Mortgage Lender, Broker and Servicer Act

W. Va. Code § 31-17-1— Definitions and general provisions
W. Va. Code § 31-17-2— License required for lender and broker originator; exemptions
W. Va. Code § 31-17-3— Supervision by Commissioner of Financial Institutions; rules and regulations; personnel; participation in the Nationwide Multistate Licensing System and Registry
W. Va. Code § 31-17-4— Applications for licenses; requirements; bonds; fees; renewals; waivers and reductions; per loan fee
W. Va. Code § 31-17-4a— Information requirements for certain individuals and change in control
W. Va. Code § 31-17-5— Refusal or issuance of license
W. Va. Code § 31-17-6— Minimum tangible net worth to be maintained; bond to be kept in full force and effect; foreign corporation to remain qualified to do business in this state
W. Va. Code § 31-17-7— License not transferable or assignable; license may not be franchised; renewal of license
W. Va. Code § 31-17-8— Maximum interest rate on subordinate loans; prepayment rebate; maximum points, fees and charges; overriding of federal limitations; limitations on lien documents; prohibitions on primary and subordinate mortgage loans; civil remedy
W. Va. Code § 31-17-9— Disclosure; closing statements; other records required; record-keeping requirements
W. Va. Code § 31-17-10— Advertising requirements
W. Va. Code § 31-17-11— Records and reports; examination of records; analysis
W. Va. Code § 31-17-12— Grounds for suspension or revocation of license; suspension and revocation generally; reinstatement or new license; penalties and fines for violation of this article
W. Va. Code § 31-17-13— Notice of refusal, or suspension or revocation, of license; relinquishing license
W. Va. Code § 31-17-14— Hearing before commissioner; provisions pertaining to hearing
W. Va. Code § 31-17-15— Judicial review
W. Va. Code § 31-17-16— Actions to enjoin violations
W. Va. Code § 31-17-17— Loans made in violation of this article void; agreements to waive article void
W. Va. Code § 31-17-18— Violations and penalties
W. Va. Code § 31-17-19— Severability
W. Va. Code § 31-17-20— Effective date