A. The Attorney General, the Commission, or any party to a mortgage loan may enforce the provisions of §§ 6.2-1614, 6.2-1615, and 6.2-1616.
B. In any suit instituted by a borrower who alleges that the defendant violated § 6.2-1614, 6.2-1615, or 6.2-1616, the presiding judge may, in the judge's discretion, allow reasonable attorney fees to the attorney representing the prevailing party. The attorney fees shall be taxed as a part of the court costs and payable by the losing party upon a finding by the presiding judge that (i) the party charged with the violation has willfully engaged in the act or practice with which he was charged or (ii) the party instituting the action knew, or should have known, that the action was frivolous and malicious.
C. The provisions of this section shall be in addition to, and shall not impair, the rights of and remedies available to borrowers in mortgage loans otherwise provided by law.
2001, c. 510, § 6.1-422.1; 2003, c. 386; 2010, c. 794.
Structure Code of Virginia
Title 6.2 - Financial Institutions and Services
Chapter 16 - Mortgage Lenders and Mortgage Brokers
§ 6.2-1601. License requirement
§ 6.2-1602. Persons exempt from chapter
§ 6.2-1603. Application for license; form; content; fee
§ 6.2-1605. Investigation of applications
§ 6.2-1607. Licenses; places of business; changes
§ 6.2-1608. Acquisition of control; application
§ 6.2-1609. Retention of books, accounts and records
§ 6.2-1611. Investigations; examinations
§ 6.2-1614. Prohibitions applicable to mortgage lenders and mortgage brokers
§ 6.2-1615. Other prohibitions applicable to mortgage lenders
§ 6.2-1616. Other prohibitions applicable to mortgage brokers
§ 6.2-1617. Application to certain real estate brokers
§ 6.2-1619. Suspension or revocation of license
§ 6.2-1620. Censuring, suspending, or barring persons
§ 6.2-1621. Filing of written report with Commissioner; events affecting activities of licensee
§ 6.2-1622. Cease and desist orders
§ 6.2-1623. Notice of proposed suspension or revocation
§ 6.2-1625. Criminal penalties
§ 6.2-1626. Authority of Attorney General; referral by Commission to Attorney General
§ 6.2-1628. Enforcement of prohibitions on certain practices; recovery of attorney fees
§ 6.2-1629. Prohibited practices; authority of the Attorney General