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Foreclosure Forum |
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section 32 loans
Ward, thanks for the great information on this site. If I reinstate a loan in default and charge 18% interest, do I have to have all of the Section 32 loan disclosures and TILA/Reg Z disclosures signed by the homeowner? Does this type of loan require a 3 day rescission period? I am new to this and I did a loan without the disclosures. What kind of trouble could the homeowner make for me? Thanks, Brian
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