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
- Arbitration
- Breach
- Closing
- Closing Disclosure
- Good Faith Estimate
- HUD-1 Settlement Statement
- Lenders
- Truth in Lending Act
- “Know Before You Owe”
- Condemnation
- Home Equity Conversion Mortgages (HECMs)
- Reverse mortgages
- Zoning Regulations
- Dodd-Frank Act
- Mortgage
- Real Estate Law
- Affordable Housing
- Commercial Real Estate
- Economic Development
- Land Use Law
- Landlord
- Lease
- Planning and Zoning
- Purchase Contract
- Tenant
- URLTA
- Property Titling
- Rescission
- Same-Sex Couples
- Deed
- Homeowners Association
- Land Surveys
- plat
- Property Lines
- Property Survey
- Agritourism
- Drones
- LBAR
- National Association of Realtors (NAR)
- Real Estate Agents
- Rural Areas
- Trulia
- Uncategorized
- Zillow
- Commercial Lease
- Condominium
- Deeds
- Emergency Preparedness
- Exclusive Use Clause
- Horizontal Property Law
- Insurance Companies
- Insured
- Kentucky Condominium Act
- KRS 383.500
- Loans
- Natural Disasters
- Overlay Zoning
- Steenrod v. Louisville Yacht Club Association
- Title Insurance Policies
- Benningfield v. Zinmeister
- Boards of Adjustment
- Building Inspection
- Co-Signing
- Code Enforcement
- Conditional uses
- Dog owners
- Emotional Support Animals
- ESIGN
- Federal Housing Administration (FHA)
- 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
- 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 >
