3rd Circuit Holds TILA Rescission Claims Were Untimely

Mealey's (May 11, 2018, 10:08 AM EDT) -- PHILADELPHIA — The Third Circuit U.S. Court of Appeals on May 8 affirmed a district court’s decision in favor of a loan servicer, finding that a borrower’s claims for violation of the Truth in Lending Act (TILA) were untimely (Ariel Barel v. Green Tree Servicing, LLC, a/k/a Ditech Financial, LLC, et al., No. 17-2817, 3rd Cir., 2018 U.S. App. LEXIS 11991)....