By: dmc-admin//July 12, 2010//
Consumer Protection
TILA
Kimberly A. Panenka appeals from a judgment granting WaterStone Bank SSB a judgment of foreclosure against her and determining the amount rescindable under a 2007 refinance transaction. Panenka argues that WaterStone did not provide acceptable disclosure of her right to rescind because the bank's modified form was not "substantially similar" or "comparable" to federal Truth-in-Lending Act (TILA) model forms. She also challenges the offset application, the calculation of interest and attorney fees, the court's denial of damages and its refusal to extend the period of redemption. For the reasons set forth below, we affirm the judgment. This opinion will not be published.
2009AP1297 Waterstone Bank SSB v. Panenka, et al.
Dist II, Waukesha County, Ramirez, J., Per Curiam
Attorneys: For Appellant: Wolk, Christine A., Oshkosh; For Respondent: Lovern, Susan E., Milwaukee; Chintamaneni, Smitha, Milwaukee