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Home / Opinion Digests / Consumer Protection – TILA – Rescission Right – Refinancing (access required)

Consumer Protection – TILA – Rescission Right – Refinancing (access required)

Although it’s an open question in the 4th Circuit whether a TILA violation allows a borrower to rescind a mortgage loan even after she has refinanced, a Richmond U.S. District Court says a borrower can’t test that theory because the lack of damages and the alleged TILA violation – the lender sending one copy, not ...