Chase Agrees To Pay $11.5M To End Escrow Interest Suit

By Emilie Ruscoe (April 12, 2021, 6:00 PM EDT) -- JPMorgan Chase Bank NA has agreed to pay $11.5 million to end a proposed class of homeowners' claims that the bank failed to pay interest on funds held in escrow for mortgages as required by certain state laws, which, if approved, would end the suit in federal court on Long Island....

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