West Virginia . Democrat Gov. Bob Wise signed H.B. 4168, “The Good Funds Settlement Act,” into law on March 22. The new law applies to residential home loan settlements and excludes construction loans and loans with a tiered disbursement feature. The act requires lenders to disburse loan funds to the settlement agent at or before loan closing, except for refinances or other loans that include a right of rescission. A lender has one