2nd Circ. Sides With BofA In NY Escrow Interest Fight

By Jon Hill · September 15, 2022, 10:32 PM EDT

The Second Circuit ruled Thursday that Bank of America NA did not have to follow a New York state law requiring lenders to pay certain interest on mortgage escrow accounts, holding...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Opinion

Case Information

Case Title

Cantero v. Bank of America, N.A.

Case Number

Court

Appellate - 2nd Circuit

Nature of Suit

4190 CONTRACT-Other Contract Action

Date Filed

February 19, 2021

Recent Articles By Jon

November 15, 2024
Big Banks Still Need To Beef Up Controls, Fed Report Says
October 29, 2024
Republic First Bank Discriminated Before It Failed, NJ Says
October 15, 2024
CFPB Funding Shouldn't Stop Texas' Fraud Suit, Judge Says
October 07, 2024
Justices Won't Hear Commerzbank RMBS Fight With US Bank
September 18, 2024
NJ Bank Agrees To $14M Subsidy Fund In DOJ Redlining Deal
August 14, 2024
CFPB Faces Call To Treat Housing Rental Leases As 'Credit'
July 31, 2024
HSBC Says HUD Has Closed Fair Lending Probe
July 11, 2024
Biden's FDIC Pick Hangs Tough Amid GOP Doubts On Record
July 10, 2024
CFPB Pitches Plan To 'Streamline' Mortgage Servicing Rules
June 17, 2024
PennyMac 'Shocked' Investors With Post-Libor Fix, Suit Says