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Home / Opinion Digests / Deed of trust not a credit instrument under Equal Credit Act (access required)

Deed of trust not a credit instrument under Equal Credit Act (access required)

Where a debtor executed a promissory note on behalf of a company controlled by her daughter and son-in-law and the bank required that the debtor’s then husband execute a deed of trust to create a lien on the couple’s principal residence without evaluating the debtor’s individual creditworthiness, there was no violation of the Equal Credit ...