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US Supreme Court Says You Have 3 Years To Rescind By Sending Notice Under TILA
Jesinoski v. Countrywide Home Loans, Inc. Holding: A borrower exercising his right to rescind under the Truth in Lending Act need only provide written notice to his lender within the three-year period; the statute does not require him to file suit within that period. Judgment: Reversed and remanded, 9-0, in an opinion by Justice Scalia […]
Two Judges Who Get It About Banks
/in Foreclosure & Loan Mod Blog /by Scott LaninA Missouri judge ordered Wells Fargo to pay over $3 million for abusing a borrower, and a federal judge in New York said there was evidence the bank had forged documents.
US Supreme Court Says You Have 3 Years To Rescind By Sending Notice Under TILA
/in Foreclosure & Loan Mod Blog /by Scott LaninJesinoski v. Countrywide Home Loans, Inc. Holding: A borrower exercising his right to rescind under the Truth in Lending Act need only provide written notice to his lender within the three-year period; the statute does not require him to file suit within that period. Judgment: Reversed and remanded, 9-0, in an opinion by Justice Scalia […]