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Truth in Lending

2012 8th edition

1300+ pp. in two volumes, plus Companion Website
ISBN 978-1-60248-119-0

Summary Contents
Table of Contents
Index
About the Companion Website
About the Authors

The definitive Truth in Lending treatise from the nation's TILA experts, now updated to include dramatic 2011 and 2012 changes.

TILA Is Not Just a Disclosure Statute Anymore!
  • New Dodd-Frank legislation bans numerous mortgage abuses
  • New FRB Rules restrict kickbacks to mortgage originators
  • Special rules regulating higher cost mortgage loans just went into effect and other changes will be effective in 2012
  • The Credit CARD Act and new federal Rules establish new restrictions on credit card abuses
  • New teeth to regulation of HOEPA loans
  • Statutory damages are now increased to $2000 for car loans, $4000 and up for mortgage loans, and $5000 and up for credit cards
  • Extensive new disclosure requirements for credit cards, home equity loans, mortgages and other credit
  • The leading discussion of TIL rescission rights that allow homeowners to cancel mortgages.
Key Practice Aids are on the Website and in the Appendices
  • A searchable compilation of all Reg. Z Federal Register notices since 1969
  • Redlined rules and commentary, showing recent changes
  • TILA legislative history
  • Computer software to calculate APRs, even for irregular or variable rate loans
  • HOEPA points and fees worksheet
  • Sample rescission letter, complaints, discovery, expert reports, and jury instructions for TIL, HOEPA, and FCBA.

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