What a Recent Recission Case Win Means for Other Servicers

National Mortgage News, Aug. 1, 2022–Brad Finkelstein (subscription)
Mortgage servicers took a big win home from the U.S. Court of Appeals for the Fourth Circuit, which ruled borrowers had to return loan proceeds if they rescinded, even if the lender erred in the first place.
https://www.nationalmortgagenews.com/news/what-a-recent-rescission-case-win-means-for-other-servicers?position=editorial_1&campaignname=V2_NMN_Daily_2021-08022022&utm_source=newsletter&utm_medium=email&utm_campaign=V2_NMN_Daily_2021%2B%27-%27%2B08022022&bt_ee=OhRO6%2F%2FexZrKPYkDjUz%2FlzwZ1YqSf5N61LulutnNsWQgZXPuFxqoUQaaPIHdlvYx&bt_ts=1659434464266