Flagstar Bank, FSB, Petitioner v. William Kivett, et al.
Case Number:
22-349
Court:
Nature of Suit:
Firms
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June 10, 2024
Justices Call For Do-Over In 9th Circ. Bank Preemption Case
The U.S. Supreme Court on Monday tossed a Ninth Circuit decision rejecting federal preemption of a California state interest-on-escrow law for Flagstar Bank, ordering a do-over in the case following the high court's recent ruling on preemption standards in a similar case involving Bank of America.
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August 31, 2023
SG Asks Justices To Skip Bank Escrow Interest Cases
The U.S. Supreme Court should not hear two cases involving banks' unwillingness to pay interest on mortgage escrow accounts, a top government attorney advised, since lower courts failed to use the proper standard when evaluating the issue.