Deeds of trust; amendment to loan document, statement of interest rate of a refinanced mortgage. (HB1882)

Introduced By

Del. Steve Heretick (D-Portsmouth)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Deeds of trust; amendment to loan document; statement of interest rate of a refinance mortgage. Provides that a deed of trust that has been recorded and that states that it secures indebtedness or other obligations under a loan document and that it also secures indebtedness or other obligations under such loan document as it may be amended, modified, supplemented, or restated shall secure such loan document as amended, modified, supplemented, or restated from time to time, without the necessity of recording an amendment to such deed of trust. The bill further requires that the interest rate of a prior mortgage be stated on the first page of a refinance mortgage. Read the Bill »

Status

04/12/2021: Awaiting a Vote in the Courts of Justice Committee

History

DateAction
01/08/2021Prefiled and ordered printed; offered 01/13/21 21101257D
01/08/2021Referred to Committee on General Laws
01/14/2021Referred from General Laws
01/14/2021Referred to Committee for Courts of Justice
01/19/2021Assigned Courts sub: Civil
01/20/2021House subcommittee amendments and substitutes offered
01/20/2021Subcommittee recommends reporting with amendments (7-Y 0-N)
01/22/2021Reported from Courts of Justice with amendment(s) (22-Y 0-N) (see vote tally)
01/25/2021Read first time
01/26/2021Read second time
01/26/2021Committee amendments agreed to
01/26/2021Engrossed by House as amended HB1882E
01/26/2021Printed as engrossed 21101257D-E
01/27/2021Read third time and passed House BLOCK VOTE (99-Y 0-N)
01/27/2021VOTE: Block Vote Passage (99-Y 0-N) (see vote tally)
01/28/2021Constitutional reading dispensed
01/28/2021Referred to Committee on General Laws and Technology
02/05/2021Continued to 2021 Sp. Sess. 1 in General Laws and Technology (14-Y 0-N) (see vote tally)
02/10/2021Reported from General Laws and Technology (13-Y 1-N) (see vote tally)
02/12/2021Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/15/2021Read third time
02/15/2021Passed Senate (37-Y 2-N) (see vote tally)
02/17/2021Enrolled
02/17/2021Bill text as passed House and Senate (HB1882ER)
02/17/2021Signed by President
02/18/2021Signed by Speaker
02/19/2021Enrolled Bill communicated to Governor on February 19, 2021
02/19/2021G Governor's Action Deadline 11:59 p.m., February 26, 2021
02/25/2021G Approved by Governor-Chapter 13 (effective 7/1/21)
02/25/2021G Acts of Assembly Chapter text (CHAP0013)

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