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Regulation Z: Right of Rescission

The right of rescission is a right, set forth by Regulation Z, the Truth in Lending Act, that allows a borrower to cancel a home equity loan or line of credit with a lender within three days of closing. This course discusses the details of Regulation Z section 1026.15, right of rescission.
SKU: P0182EN
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The right of rescission is a right, set forth by Regulation Z, the Truth in Lending Act, that allows a borrower to cancel a home equity loan or line of credit with a lender within three days of closing. This course discusses the details of Regulation Z section 1026.15, right of rescission. This course is intended for lenders, loan operations staff, and compliance departments.

  • Know what types of loans a consumer has the right to rescind
  • Understand what notices to provide to customers and the ramifications of not doing so
  • Deliver the appropriate notices and funds in the appropriate time frames

Duration:

0.5 hours

Features:

Mobile, accessible, audio, video

Module(s):

40477EN

Products specifications
Course Features Accessible
Course Features Video
Course Language English
Length Range 30 Minutes or Less
Length (Hours) 0.5
Course Features Audio
Course Features Mobile
Module Number(s) 40477EN
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