Contact Us
Subscribe to this blog via RSS
Join us on LinkedInArchives
Categories
- Fractional Investment
- Section 1031 transactions
- Investment
- U.S. Supreme Court
- Kentucky minimum wage
- Minimum wage
- Lenders
- Breach
- Closing
- Closing Disclosure
- Good Faith Estimate
- HUD-1 Settlement Statement
- Truth in Lending Act
- “Know Before You Owe”
- Arbitration
- Condemnation
- Zoning Regulations
- Home Equity Conversion Mortgages (HECMs)
- Reverse mortgages
- Dodd-Frank Act
- Mortgage
- Real Estate Law
- Planning and Zoning
- Uncategorized
- Commercial Real Estate
- Land Use Law
- Purchase Contract
- Affordable Housing
- Economic Development
- Landlord
- Lease
- Rescission
- Tenant
- URLTA
- Property Titling
- Same-Sex Couples
- Homeowners Association
- Deed
- Land Surveys
- plat
- Property Lines
- Property Survey
- Drones
- National Association of Realtors (NAR)
- Real Estate Agents
- Agritourism
- LBAR
- Rural Areas
- Trulia
- Zillow
- Condominium
- Horizontal Property Law
- Kentucky Condominium Act
- Overlay Zoning
- Steenrod v. Louisville Yacht Club Association
- Deeds
- KRS 383.500
- Loans
- Title Insurance Policies
- Commercial Lease
- Emergency Preparedness
- Exclusive Use Clause
- Insurance Companies
- Insured
- Natural Disasters
- Boards of Adjustment
- Co-Signing
- Conditional uses
- Emotional Support Animals
- ESIGN
- Federal Housing Administration (FHA)
- Variances
- Benningfield v. Zinmeister
- Dog owners
- Inspection
- KRS §258.235(4)
- KRS §383.580
- Multi-unit properties
- Occupancy Fraud
- Screening
- Security Deposit
- Servicers
- U.S. Department of Housing and Urban Development
- "Right-of-Way Agents"
- Bluegrass Pipeline
- Boilerplate Language
- Building Inspection
- Code Enforcement
- 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
- Zoning Ordinance Text Amendment
- Conservation Easement
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 >
