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Does equitable tolling work in TILA loan rescission cases?
WHAT IS EQUITABLE TOLLING?
General legal information about the concept of Equitable Tolling in regard to the extended three-year right to rescind your mortgage loan when there are material loan violations (such as the failure to receive two copies each of the notice of right to cancel document at the time your loan is consummated).
Do not rely on this video or take any legal action without first discussing it with a Truth in Lending or real estate lawyer in your jurisdiction.
Terms discussed in this video include fraudulent concealment, material loan violations, how to exercise the right to rescind the mortgage, the Jesinoski v. Countrywide case, Beach v. Ocwen, and More. Click on the link above to read the case law from our real estate litigation blog (the case law that is discussed in this video). --------------------------------------------------------------------------------------------------------------------------------
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