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Home » Store » Regulation » Industry, Consumer Groups at Odds Over Rescission Rights

Industry, Consumer Groups at Odds Over Rescission Rights

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Regulation

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Mortgage lenders are supporting proposed federal curbs on consumers’ right to rescind an illegal loan but consumer groups and state enforcement officials say loss of this legal weapon could weaken protections against abusive practices. A broad coalition of consumer and civil rights groups, state and local legal services providers, and public interest attorneys strongly urged...
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