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Forums: TILA/RESPA
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TILA/RESPA
Posted Tuesday, 13 October 2009 By Pat
Attorneys everywhere know TILA/RESPA. They argue and attempt to rescind a loan, but this usually results in failure.

What are the practical limitations of TILA/RESPA? Can it be effective? When to use it? What misconceptions exist regarding it?

This section should be of special interest to the novice foreclosure attorney.
The Problem with TILA/RESPA and Rescission
Posted Tuesday, 13 October 2009 By Pat
This article covers TILA/RESPA and the problems with attempting rescission in California. The biggest issue is that to rescind, a borrower must tender back the money borrowed minus costs and payments made. The problem is that most borrowers cannot come up with the money to tender.

http://iamfacingforeclosure.com/blog/2009/08/13/tila-and-respa-rescission-ineffective/
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