Under TILA, consumers have the right to rescind a mortgage (other than a first mortgage) for three

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Under TILA, consumers have the right to rescind a mortgage (other than a first mortgage)

for three business days after the signing. If the lender does not comply with the disclosure provisions of TILA, the consumer may rescind for up to three years from the date of the mortgage.

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Legal Environment

ISBN: 9780324537116

3rd Edition

Authors: Jeffrey F Beatty, Susan S Samuelson

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