DID YOU RESCIND?
YOU MIGHT STILL OWN THAT PROPERTY THAT YOU THOUGHT WAS FORECLOSED!
The Federal Truth in Lending Act (TILA) has, from the time it was enacted, been the sole protection to consumers of increasingly sophisticated financial products. In the last 30 Continue reading
The United States Supreme Court ruled in favor of the homeowner holding that a TILA rescission is effective upon written notice within the extended three year period without the filing of a lawsuit.
Our Takushi case was one of the three accepted for review that was reversed.
Attached is the opinion in the lead case, Jesinoski. Click HERE for PDF.
This reverses in effect the adverse decisions in Takushi, Rundgren, Benner, Peyton, and many of our cases decided erroneously in our U.S. District Court and in the Ninth Circuit Court of Appeals and in our State Courts that followed the opposite erroneous view.
This is a great victory for homeowners throughout the United States! More commentary to follow. Stay tuned to DeadlyClear.
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