CFSL Bulletin The latest Consumer Financial Services Litigation news, developments, and legal thinking

Tag Archives: 3d Circuit

Third Circuit Sidesteps Strict Liaiblity Argument For “Excessive” Title Insurance Fees Under TILA

Posted in Truth in Lending Act

Yesterday, in In re Madera, the United States Court of Appeals for the Third Circuit rejected the appellants claim that the Truth in Lending Act (“TILA”) requires lenders to disclose title insurance fees if the amount charged is higher than the prevailing rates set forth in the Manual of Title Insurance Rating Bureau of Pennsylvania (“TIRBOP Manual”), finding that the appellants had failed to raise an issue of fact on summary judgment.

Continue reading this entry