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

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

A Richmond U.S. District Court dismisses a homeowner’s complaint alleging defendant lender failed to meet its disclosure obligations under the Truth in Lending Act when it provided him with forms for a new credit application instead of a refinancing, which the homeowner says resulted in his not receiving an adequate description of the effect rescission ...

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