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Rescission Buyers

Patton Sullivan Brodehl LLP

Rescinding a Trustee’s Sale Based on Lien Position “Mistake” — Good Luck With That

The statutory scheme governing nonjudicial foreclosure — found in California Civil Code sections 2924 through 2924k — aims for speed, efficiency, and finality. For example, a bid at a trustee’s sale is deemed to be an...more

Spilman Thomas & Battle, PLLC

Supreme Court Provides TILA Home Loan Rescission Guidance

In a recent unanimous decision, the United States Supreme Court held that a borrower exercising her right to rescind a mortgage loan under the Truth in Lending Act (“TILA”) merely had to provide written notice of rescission...more

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