State coalition seeks to block OCC preemption of interest-on-escrow laws
A coalition of 10 states has filed a lawsuit to block two recent rulemakings by the OCC designed to establish ...
Tag: Escrow
OCC finalizes rules citing federal preemption of state interest-on-escrow laws
The OCC finalized two rules to clarify that national banks are exempt from state laws regulating real estate escrow accounts. ...
Appeals court rules New York interest-on-escrow law preempted by federal law
A federal appeals court ruled that New York State’s interest-on-escrow law is preempted by the National Bank Act, with the ...
ABA, associations back proposals to cite federal preemption of state interest-on-escrow laws
ABA joined with other industry groups in expressing support for two regulatory proposals to clarify that national banks are exempt ...
OCC proposes to cite federal preemption of state interest-on-escrow laws
The OCC is proposing two rules to clarify that national banks are exempt from state laws regulating real estate escrow ...
When Must Banks Refund Mortgage Escrow Surplus?
Questions and answers from the May/June 2021 ABA Regulatory Policy and Compliance Inbox.
CFPB Finalizes Exemption from Escrow Requirements for HPMLs
The Consumer Financial Protection Bureau today finalized a rule exempting certain higher-priced mortgage loans from a requirement under Regulation Z ...
ABA Backs CFPB Proposal on Escrow Requirements for HPMLs
The American Bankers Association today welcomed the Consumer Financial Protection Bureau’s proposal to exempt certain higher-priced mortgage loans from escrow ...
Can My Bank Require Opt-In to Overdraft as a Condition of Receiving a Debit Card?
…and other answers to your compliance questions in the July/August 2020 ABA Regulatory Policy and Compliance Inbox.
CFPB Proposes Exemption from Escrow Requirements for High-Priced Mortgages
The Consumer Financial Protection Bureau today proposed to exempt certain higher-priced mortgage loans from a requirement under Regulation Z to ...
