Tag Archives: Truth in Lending Act

Even in light of changing legislation and promises from banks to be more transparent on how and when overdraft fees occur, the CFPB has found that many Americans are still surprised by them.

The Bureau issues an interim final rule that contains updates to reflect a new law and Federal Reserve Board regulation.

Timothy A. Raty of Mortgage Cadence examines the history of precise business days and observed holidays, and the importance of the recent addition of Juneteenth to the calendar.

While there is generally a one- year statute of limitations for actions brought under the TILA, that statute of limitations may be extended indefinitely if the claim is brought as a counterclaim in recoupment or set-off to a debt collection action.