9th Circuit Finds Man’s Loan Not Subject To Rescission Under TILA

Mealey's (August 20, 2019, 10:08 AM EDT) -- SEATTLE — A Ninth Circuit U.S. Court of Appeals panel on Aug. 15 upheld a ruling awarding summary judgment to Chase Home Finance LLC (CHF), finding that a federal judge did not err when finding that a man’s loan was a residential mortgage transaction that could not be rescinded pursuant to the Truth in Lending Act (TILA) (Timothy Barnes v. Chase Home Finance LLC, et al., No. 18-35616, 9th Cir., 2019 U.S. App. LEXIS 24171).        ...