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Finance et marchés · 30/12/20251 min de lecture
Preemption Determination: State Interest-on-Escrow Laws
Traduction automatique locale · Langue originale de la source
Résumé
The OCC is proposing to issue a preemption determination concluding that federal law preempts state laws that eliminate OCC- regulated banks' flexibility to decide whether and to what extent to (1) pay interest or other compensation on funds placed in real estate escrow accounts; or (2) assess fees in connection with such accounts. This preemption determination would provide much needed clarity to banks and other stakeholders.
Langue originale de la source: Federal Register — Office of the Comptroller of the CurrencyOuvrir le communiqué original →