nygazet.com logo
Lawsuit challenges new bank rules
business

Lawsuit challenges new bank rules

1 min read

A new lawsuit challenges recently issued rules from federal banking regulators that preempts state laws requiring banks to pay interest on escrow accounts.

Jackyenjoyphotography | Moment | Getty Images A legal battle is brewing over new federal rules related to accounts that hold money to pay homeowners' property taxes and insurance payments. Ten state attorneys general filed a lawsuit on Tuesday seekin... [4533 chars]

Read Original Article

Source: CNBC

Visit Source

Share this article