|
3567 REVIEW DENIED If fees absorbed by banks for the benefit of title companies who deposited escrow funds in those banks were actually disguised payments of unlawful interest on escrow funds, the persons who had deposited those funds with the title companies were not entitled to receive the disguised interest payments, and the banks could not be liable for aiding the title companies in depriving those persons of a lawful entitlement.CitationHIRSCH v B of A (Escrow Interest) 107 CA4 708 [See: 12 USC 371a; 12 CFR 217.1 etseq; InsC 12413.5; Abrams v CrockerCitizens 41 CA3 55]
|
|
