Remember that rescission doesn’t mean you give back the house. It doesn’t even mean you have to give back the money to the lender against whom you are rescinding — THAT obligation commences AFTER the lender admits to the rescission or it is otherwise decreed and then it is reduced by the refunds of points, […]

Tags: bankruptcy, CDO, CMO, EMERGENCY INJUNCTION, fiduciary duty, HELOC, legal standing, over-stated income, rescission, stated income loans, STOP FORECLOSURE, STOP SALE, TILA rescission, verification of income
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