Legal Question in Real Estate Law in California

Federal truth in lending

Is it illegal for a mortgage company to alter and/or change the Federal Truth In Lending form after it has been signed


Asked on 12/29/08, 10:01 pm

1 Answer from Attorneys
Bryan Whipple Bryan R. R. Whipple, Attorney at Law

Re: Federal truth in lending

It would be for sure if the purpose or effect was to defraud the borrower. If the alteration had no material consequences, however, (such as correcting a Zip code), I'd say this was an insufficient ground to invalidate the document or give cause for civil suit or criminal charges. The law would take a practical rather than technical approach to assessing the wrongfulness of the alteration.

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Answered on 12/30/08, 12:22 pm


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