Outline
- Why Consumers Recind?
- Refinancing Rights To Recind
- Effects of Rescission
Learning Objectives
- To understand TILA Refinancing Right to Rescind
- To understand who the right of rescission applies to
- To know which borrowers must receive a Right to Cancel notice at closing?
- To know how to determine the rescission period for a refinance
- To understand the extended right to rescind
- To understand material disclosure related to rights to rescind
- To understand why consumers rescind
- To understand effects of rescissions
- To understand when creditors are required to refund any money or property
- To know what creditors must file in the public record
Teaching Methods: Power Points, Video PowerPoint Presentation and
Quizzes
