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20 Mar 2009, 5:04 am
The Eighth Circuit answered in the affirmative and reversed the District Court's grant of summary judgment in favor of the defendant.In this economic climate, lenders have faced and will continue to face significant headwinds when matched against borrowers' TILA claims, even more so when the loans are high interest so-called HOEPA loans, such as the one in this case.Rand Corp. v. [read post]