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MANOR MORTG. CORP. v. GIULIANO

251 N.J. Super. 13 (1991)

596 A.2d 763

MANOR MORTGAGE CORPORATION, PLAINTIFF-RESPONDENT, v. NICOLA GIULIANO, DEFENDANT-APPELLANT.

Superior Court of New Jersey, Appellate Division.

Decided September 24, 1991.

Attorney(s) appearing for the Case

Collins, Toner & Rusen, attorneys for appellant (Charles Rusen, Jr., on the brief).

James C. Dezao, attorney for respondent.

Before Judges J.H. COLEMAN and BILDER.

The opinion of the court was delivered by BILDER, J.A.D.

This appeal arises under the federal Truth in Lending Act (Act), 15 U.S.C.A. 1601 et seq., which, inter alia, gives mortgage borrowers an unfettered right of rescission for three days following the consummation of the transaction or the delivery of information and rescission forms required by the Act, 15 U.S.C.A. 1635(a), relieves the borrower thereupon of any liability for any finance...

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