Letters Of Rescission Were Untimely Under Truth In Lending Act, Judge Says
(March 17, 2016, 1:54 PM EDT) -- HARTFORD, Conn. — A Connecticut federal judge on March 14 denied a mortgagor’s motion to dismiss in a foreclosure action on the basis that letters of rescission allegedly sent by the mortgagor to the bank were untimely under the Truth in Lending Act (Bank of New York Mellon v. Keyin Worth, No. 13-1489, D. Conn.; 2016 U.S. Dist. LEXIS 32218).
(Opinion available. Document #85-160412-021Z.)
Bank of New York Mellon (BNYM) filed a foreclosure action in the Connecticut Superior Court against Keyin Worth after Worth defaulted on...