United States Supreme Court
Jesinoski v. Countrywide Home Loans, Inc., 13-684
In this case, petitioners borrowed from respondent and, exactly three years later, mailed respondents a letter purporting to rescind the loan pursuant to the Truth in Lending Act. Respondent refused to acknowledge the validity of the rescission. Judgment entered on the pleadings for respondents is reversed and remanded, where a borrower exercising his right to rescind under the Act need only provide written notice to his lender within three years of the date the loan was consummated, not file suit within that period.
Appellate Information
- Decided 01/13/2015
- Published 01/13/2015
Judges
- Scalia
Court
- United States Supreme Court