Answer:
This is the most-asked of all questions about Reg. Z. Loans to businesses or to consumers for business purposes are totally exempt from Reg. Z--all of it.
First published on BankersOnline.com 03/01/04
Home As Collateral for Business Loan
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Question:
Is it necessary to provide a right of rescission when a personal residence is taken as collateral on a commercial loan transaction?
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