Contact Us
Subscribe to this blog via RSS
Join us on LinkedInCategories
- Fractional Investment
- Section 1031 transactions
- Investment
- U.S. Supreme Court
- Closing
- Closing Disclosure
- Good Faith Estimate
- HUD-1 Settlement Statement
- Kentucky minimum wage
- Lenders
- Minimum wage
- Truth in Lending Act
- “Know Before You Owe”
- Arbitration
- Breach
- Condemnation
- Home Equity Conversion Mortgages (HECMs)
- Reverse mortgages
- Zoning Regulations
- Dodd-Frank Act
- Mortgage
- Planning and Zoning
- Real Estate Law
- Affordable Housing
- Commercial Real Estate
- Economic Development
- Land Use Law
- Landlord
- Lease
- Property Titling
- Purchase Contract
- Rescission
- Same-Sex Couples
- Tenant
- URLTA
- Deed
- Drones
- Homeowners Association
- Land Surveys
- National Association of Realtors (NAR)
- plat
- Property Lines
- Property Survey
- Real Estate Agents
- Agritourism
- Condominium
- Deeds
- Horizontal Property Law
- Kentucky Condominium Act
- LBAR
- Loans
- Overlay Zoning
- Rural Areas
- Steenrod v. Louisville Yacht Club Association
- Title Insurance Policies
- Trulia
- Uncategorized
- Zillow
- Benningfield v. Zinmeister
- Boards of Adjustment
- Building Inspection
- Co-Signing
- Code Enforcement
- Commercial Lease
- Conditional uses
- Dog owners
- Emergency Preparedness
- Emotional Support Animals
- ESIGN
- Exclusive Use Clause
- Federal Housing Administration (FHA)
- Inspection
- Insurance Companies
- Insured
- KRS 383.500
- KRS §258.235(4)
- KRS §383.580
- Multi-unit properties
- Natural Disasters
- Occupancy Fraud
- Screening
- Security Deposit
- Servicers
- U.S. Department of Housing and Urban Development
- Variances
- Zoning Ordinance Text Amendment
- "Right-of-Way Agents"
- Bluegrass Pipeline
- Boilerplate Language
- Conservation Easement
- Consumer Financial Protection Bureau (“CFPB”)
- Credit Report
- Credit Score
- Easement
- Eminent Domain
- FICO
- General Forms
- Homebuyers
- Kentucky landowners
- Power of Attorney ("POA")
- The Loan Estimate form
- Truth in Lending Statement
Showing 1 post in Rescission.
The Truth in Lending Act and Rescission: Lessons Learned by Lenders from Jesinoski v. Countrywide
The Supreme Court just made mortgage rescission a little bit easier for borrowers and scarier for lenders in Jesinoski v. Countrywide Home Loans. Under the Truth in Lending Act, 15 U.S.C. §1601-1677 (“TILA”), mortgage lenders are required to disclose the rights of obligors and other material disclosures to borrowers. Borrowers have a right of rescission for three days from the transaction or until the disclosures are made, up to three years after the transaction. The borrower must give notice to the lender of his or her exercise of the right to rescind within those time periods. More >
