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  1. #1

    Exclamation What's everyones plan for the VA Disclosure Bill going into effect starting 7/1/2022?

    What's everyones plan for the VA Disclosure Bill going into effect starting 7/1/2022?

    Has anyone heard of any big funders/brokers that will be suspending funding in Virginia starting on Friday?

  2. #2
    Senior Member Reputation points: 42992 SendDocsPlox's Avatar
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    Bend over, and kiss your ass goodbye

    jk lol compliance isn't that hard from what legal says

  3. #3
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    Quote Originally Posted by TheUnderwritingProdigy View Post
    What's everyones plan for the VA Disclosure Bill going into effect starting 7/1/2022?

    Has anyone heard of any big funders/brokers that will be suspending funding in Virginia starting on Friday?
    Just requires an extra page on your contract for VA based merchants.

  4. #4
    Senior Member Reputation points: 50566 ADiamond's Avatar
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    Quote Originally Posted by TheUnderwritingProdigy View Post
    What's everyones plan for the VA Disclosure Bill going into effect starting 7/1/2022?

    Has anyone heard of any big funders/brokers that will be suspending funding in Virginia starting on Friday?
    Plan likely going to be to comply with the law and offer the required disclosures in the contracts.
    Anthony Diamond
    Underwriter

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