Virginia Amends Provisions Regarding Deeds of Trust

March 01, 2021

Virginia House Bill 1882 that a deed of trust that has been recorded and secures indebtedness or other obligations under a loan document may be amended, modified, supplemented, or restated from time to time, without the necessity of recording an amendment to such deed of trust; and requires that the interest rate of a prior mortgage be stated on the first page of a refinance mortgage effective July 1, 2021.

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