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NOTHING PLUS NOTHING EQUALS NOTHING
On February 25, 2015 the Minnesota Supreme Court considered several of the conventional theories advanced by the banks in favor of their right to foreclose. And the Court also considered the procedural and substantive issues surrounding rescission in Minnesota whose statutes closely resemble rescission under the Federal Truth in Lending Act.
The court rejected the bank’s arguments and points out that even the dissent on the court made the same mistakes as the lower courts, which were obviously in a state of utter confusion. It should be noted that this decision…
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