Homeownership Interest Rate for April 23, 2014: 4.50% (APR: 5.343%)

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April 18, 2014
The West Virginia Housing Development Fund has been recognized for assisting homeowners and helping to create a cleaner environment....
April 10, 2014
A Message for Current Customers:   The West Virginia Housing Development Fund is excited to announce a new line up of interactive...
March 12, 2014
A message from Erica Boggess, the West Virginia Housing Development Fund's Acting Executive Director:     We are proud to...
February 28, 2014
Building full of charm and character   After fire destroyed their home, Albert Priddy and his sister Charlotte Thomas were in the...
January 31, 2014
Both bring wealth of experience to new roles   The West Virginia Housing Development Fund is excited to announce the promotions of...
January 17, 2014
Founders Landing redeveloped with help from Fund program   HUNTINGTON – Kellie Weidenhammer hurt her back at work a few years ago...
November 21, 2013
A message from Erica Boggess, the Fund's Acting Executive Director:   The Fund is extremely pleased to announce that Bob Cary will...
November 19, 2013
Two-story residence one of a number of new homes in the area   GRAFTON –  The West Virginia Housing Development Fund is excited...
November 13, 2013
Complex named in honor of late Wayne County Commissioner     WAYNE – Ground was broken recently on a new senior housing...
October 29, 2013
Did you know that you can view your loan account information on our website?   You can also pay your loan payment on our website at...

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County Foreclosure Statistics Reporting

Effective July 1, 2010, Senate Bill 376 transfers responsibility for collecting residential foreclosed property information from the West Virginia Division of Banking to the West Virginia Housing Development Fund (WVHDF). The information items collected by the county clerks from the foreclosure trustees have changed slightly.

 

Beginning with foreclosures in the month of July 2010, foreclosure data and the associated fees should be submitted to the attention of:

 

Nina Shinagel, Accounting Department
West Virginia Housing Development Fund
5710 MacCorkle Ave., SE
Charleston, WV 25304
Phone 304-391-8607

 

Checks for the fees should be made to the West Virginia Housing Development Fund. The fee amount to be submitted by the trustees is $40 per foreclosure. The counties are to retain $20 of this amount and remit $20 per foreclosure to the WVHDF.

 

Senate Bill 376 requires that foreclosure reports should be filed with the WVHDF by fifteen days following the last day of September, December, March and June of each year. However, the WVHDF encourages counties to file the foreclosure reports and remit fees following the end of each month. Each county is already sending real estate transfer fees to the WVHDF on behalf of the West Virginia Affordable Housing Trust on a monthly basis. The WVHDF encourages the counties to submit the foreclosure data and associated fees along with the reports for the Affordable Housing Trust rather than two separate mailings. The WVHDF hopes that this makes the reporting process easier for the counties.

 

Senate Bill 376 also states that reports shall be filed in electronic format, where possible. Several counties are currently submitting the foreclosure data on an Excel spread sheet created by the Division of Banking. This spread sheet is available for download below. The WVHDF encourages the use of this spread sheet to submit foreclosure data wherever possible. Please do not make any modifications to the spread sheet or cell formats.

 

Report of Foreclosure Sale Spreadsheet

Also found below is the form to be used by foreclosure trustees to submit the foreclosure items to the county clerks. This form is a fill-able, PDF format.

 

Trustee Report of Sale

The WVHDF appreciates everyone’s effort in submitting the foreclosure data and working with us through this transition period. If you have any questions, please contact Nina Shinagel.

 

The West Virginia Housing Development Fund is the state's affordable mortgage finance agency.

The WVHDF was established to develop and improve the state's housing opportunities for residents.