In re Madera, PICS Case No. 09-1901 (3d Cir. Nov. 12, 2009) Sloviter, J. (10 pages).
Even though TILA requires lenders to disclose title insurance fees if the amount charged is higher than it should be given the borrowers’ eligibility for reduced rates, the borrowers must show their eligibility for those reduced rates to obtain relief. The Third Circuit affirmed the ruling below.
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