50 years ago Congress decided to slap punitive measures on lenders who ignore or attempt to go around (table-funded loans) existing laws on required disclosures — instead of creating a super agency that would review every loan closing before it could be consummated. So it made the punishment so severe that only the stupidest lenders […]

Tags: 15 USC §1635, CFPB, Federal reserve, jesinoski, Reg Z, rescission, Scalia, TILA
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If you read my blog for the last 3 weeks or so you should get a good idea of where I am coming from on this. If you still have questions or need assistance call me at 954-495-9867 or 520-405-1688. The basic thrust of my argument is that BOTH Congress and US Supreme Court agree […]

Tags: Jesinowski, Regulation Z, Scalia, TILA, TILA rescission, Truth in Lending Act
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For further information please call 954-495-9867 or 520-405-1688 We have a pilot program for assistance with rescission — past, present or future. Just call one of the numbers shown above. NOTE THAT THIS IS FOR GENERAL INFORMATION AND EXPRESSES THE OPINION OF THE WRITER. THIS SHOULD NOT BE USED A SUBSTITUTE FOR ADVICE FROM AN […]

Tags: defenses to rescission by borrower, Jesinowki, Legal procedure, Scalia, TILA rescission, US Supreme Court
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Further information please call 954-495-9867 or 520-405-1688 No radio show tonight because of birthday celebration — I’m 68 and still doing this ============================== The enforcement of promissory notes lies within the context of the marketplace for currency and currency equivalents. The enforcement of mortgages on real property lies within the the context of the marketplace […]

Tags: assignment, consideration, debt, endorsement, enforcement of debt, enforcement of mortgage, enforcement of note, loan contract, Mortgage, note, Regulation Z, rescission, Scalia, TILA
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For further information please call 954-495-9867 or 520-405-1688 ============================= TENDER IS NOT REQUIRED FOR RESCISSION TO BE EFFECTIVE SCOTUS DECISION CONVERTS RESCINDED SECURED DEBT TO UNSECURED EFFECT ON OLD BANKRUPTCY CASES UNKNOWN see TILA Rescission The decision is merely a statement of the obvious. Scalia, writing for a UNANIMOUS court said that the statute means […]

Tags: Mortgage, notice of rescission, quiet title, rescission, Scalia, statute of limitations, Supreme Court, tender, TILA, wild deed
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