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Waiver of Three Day Right of Recission
You are entering into a new transaction to increase the amount of credit provided to you.
acquired a mortgage on your home under the original transaction and will retain the mortgage in the new transaction. You have a legal right under federal law to cancel the new transaction, without cost, within three business days from whichever of the following events occurs last:
About the Author
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Steven A Feinberg (@CPAsteve) of Appletree Business Services LLC, is a PASBA member accountant located in Londonderry, New Hampshire.
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