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11th Circ. Says Lender Must Face Penalties For TILA Breach

By Carolina Bolado (December 10, 2014, 6:47 PM EST) -- The Eleventh Circuit on Wednesday affirmed a decision stating that a lender had violated the Truth in Lending Act by not clearly advising the borrower of her right to rescind the loan, but reversed the lower court's decision to not award damages to the borrower....

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