Mortgage Rescission Case Could Fuel Further Foreclosure Delays

The Fourth Circuit Court of Appeals sided with the Consumer Financial Protection Bureau’s reasoning in an amicus brief and broke ranks with other courts in ruling on a borrower’s right to rescind and void a mortgage contract.

Article source: http://www.nationalmortgagenews.com/dailybriefing/borrower-rights-recission-appeals-court-1030425-1.html

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