Judge Trims TILA Rescission Claim From Lending Suit, Finds Plaintiff Has Standing

Mealey's (July 27, 2020, 2:14 PM EDT) -- ORLANDO, Fla. — A federal judge in Florida on July 24 dismissed with prejudice a rescission claim brought under the Truth in Lending Act from a lawsuit brought by a woman and a limited liability corporation  after finding that the transaction was not subject to rescission under the statute but also found that woman had standing to bring her action and that she sufficiently stated claims under the Real Estate Settlement Procedures Act (RESPA) and Florida Unfair and Deceptive Trade Practices Act (FDUTPA) (Cheryl W. Johnson, et al. v. Taylor Made Lending LLC, et al., No. 20-cv-587-Orl-37GJK, M.D. Fla., 2020 U.S. Dist. LEXIS 130786)....