Real Estate Law

Recent Posts

High Court Rules that Borrowers May Exercise Right To Rescind Mortgage Loans By Providing Notice To Lender of Intent to Rescind Within Three Years of Loan Closing
Posted on 5 Mar 2015 by GreenbergTraurig

The United States Supreme Court has issued its long-awaited ruling in Jesinoski v. Countrywide Home Loans, Inc., No. 13-684, 190 L. Ed. 2d 650 (U.S. Jan. 13, 2015), [ enhanced version available to subscribers ], resolving a circuit split over... Read More

TILA Rescission of a Home Loan Does Not Require a Lawsuit within Three Years
Posted on 17 Feb 2015 by Steptoe & Johnson PLLC

A home-loan borrower has three years to seek to rescind the loan because Truth In Lending Act (TILA) disclosures were not made, but this does not mean that the borrower must file a lawsuit within that time. The U.S. Supreme Court reached this conclusion... Read More

Supreme Court Holds That TILA Rescission Is Accomplished With Notice Alone
Posted on 3 Mar 2015 by Foley & Lardner LLP

Until last month, courts were split over what steps borrowers must take to rescind a home loan. Some courts had ruled that a borrower simply had to send a rescission notice to his creditor within three years after taking out a loan. Others said the notice... Read More