Martin Bryce, Jr.

Martin Bryce, Jr.

Ballard Spahr LLP

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Eighth Circuit TILA rescission decision rejects CFPB position

The Eighth Circuit has now joined the Tenth Circuit in ruling that notice alone within the three-year period is insufficient to validly exercise a right to rescind....more

7/25/2013 - CFPB Notice of Intent Rescission TILA

Third Circuit TILA rescission decision adopts CFPB position

The Third Circuit has now joined the Fourth Circuit in ruling that a lawsuit seeking rescission filed more than there years after loan consummation is timely as long as the borrower sent a written notice of rescission within...more

2/8/2013 - Borrowers Bright-Line Rule CFPB Closing Date Lenders Loans Mortgages Rescission Statute of Limitations Statute of Repose TILA

Borrower Can Sue After Three Years to Rescind Mortgage Loan, 3rd Circuit Rules

A borrower can bring a lawsuit seeking rescission more than three years after loan consummation as long as the borrower has sent a written notice of rescission within the three-year period, the U.S. Court of Appeals for the...more

2/7/2013 - Borrowers Loans Mortgages Rescission Statute of Limitations TILA Written Notice

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