9th Circuit Finds Home Owner’s Loan Act Of 1933 Preempts California State Law

October 01, 2020

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Weiner Brodsky Kider PC

The 9th Circuit Court of Appeals has held that the Home Owner’s Loan Act of 1933 (HOLA) preempts the California Civil Code Section 2954.8 requirement for banks to pay interest on escrow accounts.

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