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Rescission Coverage Rules

Are all TRID transactions subject to the right of rescission?

Many, but not all, TRID transactions are subject to the right of rescission. One big difference is that TRID applies to consumer transactions secured by real property or a cooperative unit. The right of rescission applies to a credit transaction in which a security interest is or will be retained or acquired in a consumer's principal dwelling
Learn more about Jack Holzknecht and Robin Cooper’s webinar What You Need to Know About the Right of Rescission

First published on 03/22/2020

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