U.S. Supreme Court to Hear Mortgage Escrow Case in February

HousingWire, Jan. 12, 2024–Chris Clow
The U.S. Supreme Court last week scheduled oral arguments for seven pending cases to take place in February, including one that will decide whether “the National Bank Act preempts the application of state escrow-interest laws to national banks,” according to a publication of the argument schedule and reporting at SCOTUSblog. The court will decide whether or not national banks will be required to follow state-level laws governing escrow accounts’ accumulation of interest.
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