12 C.F.R. §1026.2 - Definitions and rules of construction
| Cite as | 12 C.F.R. §1026.2 |
-
- This document is available in original version only for vLex customers
View this document and try vLex for 7 days - TRY VLEX
- This document is available in original version only for vLex customers
43 cases
-
Consumer Fin. Prot. Bureau v. RD Legal Funding, LLC, 17-CV-890 (LAP)
...expressly excludes "[i]nvestment plans in which the party extending capital to the consumer risks the loss of the capital advanced." 12 C.F.R. § 1026.2(a)(14) (Supp. I 2017). The transactions that the RD Entities offer present no such risk of loss because, as a prerequisite, the RD Entities......
-
Alejandro v. Freedom Mortg. Corp., CIvil Action 22-897
...related to alleged disclosure failures occurring during loan origination, runs from the date of origination. See 15 U.S.C. § 1640(e); 12 C.F.R. § 1026.2(a)(13). I previously dismissed Plaintiffs' TILA claims as time barred, noting that Plaintiff did not plead that equitable tolling should a......
-
Alejandro v. Freedom Mortg. Corp., Civil Action 22-900
...related to alleged disclosure failures occurring during loan origination, runs from the date of origination. See 15 U.S.C. § 1640(e); 12 C.F.R. § 1026.2(a)(13). In the amended Complaint, Plaintiff repeats his allegation that FMC and FAM violated TILA by failing to provide disclosures at the......
-
Rau v. Calvert Invs., Case No. 19-10822
...12 C.F.R. § 1026(a)(11), and a consumer loan is defined as one extended "primarily for personal, family, or household purposes," 12 C.F.R. § 1026.2(a)(12).Page 10 There is no dispute in the present action that the Windmill Mortgage was executed by Mchrenzie, a limited liability company, and......
Request a trial to view additional results
1 books & journal articles
-
Real estate acquisitions and sales
...loans made for business, commercial, or agricultural purposes, and loans made to legal entities as opposed to natural persons. [ See 12 C.F.R. §§1026.2(a)(1)-(26) (definitions); 1026.3 (exempt transactions).] • The buyer/borrower’s Closing Disclosure form combines the information formerly r......
1 provisions
-
HB 489 – Address financial institution regulation and consumer protection
...that promotes, either directly or indirectly, a residential mortgage lending transaction.(C) "Application" has the same meaning as in 12 C.F.R. 1026.2(a)(3). (D) "Approved education course" means any course approved by the nationwide mortgage licensing system and registry.(E) "Approved test......