Arbitration – Bank customer avoids arbitration of residential mortgage dispute (access required)

Where a customer alleged his bank violated the Truth in Lending Act, or TILA, by using money in his deposit accounts to pay the outstanding balance on a Home Equity Line of Credit or HELOC, the bank could not compel arbitration because the arbitration agreements were executed after passage of the Dodd-Frank Act, which imposed ...

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South Carolina Lawyers Weekly

Arbitration – Bank customer avoids arbitration of residential mortgage dispute

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