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Home / Opinion Digests / No TILA Claim Based on Mortgage Title Exam Charge (access required)

No TILA Claim Based on Mortgage Title Exam Charge (access required)

A Richmond U.S. District Court dismisses a homeowners’ suit asserting they validly rescinded a refinance mortgage credit transaction under the federal Truth in Lending Act, including its claim of a material under-disclosure of a finance charge based on the title examination fee charged. As grounds for the rescission, plaintiffs claim a material under-disclosure of the finance ...

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