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Ninth Circuit addresses TILA tender requirement and RESPA statute of limitations

On July 23, 2014 by Schnader in schnaderfsb.com

By¬†Stephen J. Shapiro Under the Truth in Lending Act (TILA), a borrower may seek to rescind a loan under certain circumstances. The rescission process under TILA is as follows: (1) the borrower notifies his lender that he intends to rescind the loan; (2) the lender returns any security interest to […]

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