Финансы и рынки · 30.12.20251 мин чтения
Preemption Determination: State Interest-on-Escrow Laws
Локальный автоматический перевод · Язык оригинального источника
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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.