6.2-1627 - (Effective October 1, 2010) Private actions. - Virginia Statutes

§ 6.2-1627. (Effective October 1, 2010) Private actions.

A. Nothing in this chapter shall be construed to preclude any person whosuffers loss as a result of a violation of Chapter 3 (§ 6.2-300 et seq.) orChapter 4 (§ 6.2-400 et seq.) from maintaining an action to recover damagesor restitution and, as provided by statute, attorney fees. However, in anymatter in which the Attorney General has exercised his authority pursuant to§ 6.2-1626, an individual action shall not be maintainable if the individualhas received damages or restitution pursuant to § 6.2-1626.

B. A borrower who suffers a loss as a result of a mortgage broker's breach ofduty as set forth in subdivision B 6 of § 6.2-1616 may bring an actionagainst such broker to recover actual damages. In addition to any damagesawarded, such borrower also may be awarded attorney fees and court costs.

(1987, c. 596, § 6.1-431; 2009, cc. 189, 261; 2010, c. 794.)