Opinion ID: 2654919
Heading Depth: 3
Heading Rank: 1

Heading: Count Eight: Truth in Lending Act (TILA)

Text: Violations of TILA, which arise from the original loan transaction, have a statute of limitations of one year. 15 U.S.C. § 1640 (e) (2000); see Youkelsone v. FDIC, 910 F. Supp. 2d 213, 225 (D.D.C. 2012) (“In this circuit, violation of TILA occurs no later than the date of settlement of [the] loan . . . .” (quoting Lawson v. Nationwide Mortg. Corp., 628 F. Supp. 804, 807 (D.D.C. 1986) (citing, inter alia, Postow v. OBA Fed. Sav. & Loan Ass’n, 627 F.2d 1370, 1380 (D.C. Cir. 1980))) (alteration in original). Because the loan transaction occurred in 1990, appellant‟s TILA claim necessarily falls outside the limitations period, and was properly dismissed. 9