Right of Rescission for Residential Mortgage Loans | Practical Law

Right of Rescission for Residential Mortgage Loans | Practical Law

A Practice Note discussing the procedures and requirements for a notice of right of rescission for a loan secured by a residential borrower's principal dwelling. This Note includes a discussion of the federal Truth-in-Lending Act (TILA) and Regulation Z under the Consumer Financial Protection Bureau (CFPB).

Right of Rescission for Residential Mortgage Loans

Practical Law Practice Note w-007-6129 (Approx. 11 pages)

Right of Rescission for Residential Mortgage Loans

by Practical Law Real Estate
MaintainedUSA (National/Federal)
A Practice Note discussing the procedures and requirements for a notice of right of rescission for a loan secured by a residential borrower's principal dwelling. This Note includes a discussion of the federal Truth-in-Lending Act (TILA) and Regulation Z under the Consumer Financial Protection Bureau (CFPB).