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Real Estate & Property Law

: The Home Equity Theft Reporter

Role (Or Lack Thereof) Of Class Action Lawsuits When Exercising Rescission Rights Under TILA

By r morris

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The apparent lack of a role of class action lawsuits when enforcing rescission rights under the Federal Truth In Lending Act is the subject of a recent law review article in the Loyola of Los Angeles Law Review. From the synopsis:The Truth in Lending Act (TILA) provides two primary civil remedies for aggrieved borrowers who received misleading loan disclosures: damages and rescission. While the

Full post as published by The Home Equity Theft Reporter on March 02, 2011 (boomark / email).

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