2nd Circ. Says NY Escrow Interest Law Is Preempted, Again

By Jon Hill · May 5, 2026, 7:32 PM EDT

The Second Circuit ruled Tuesday that national banks are exempt from a New York law that requires interest to be paid on mortgage escrow accounts, handing a key victory to Bank...

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Case Information

Case Title

Hymes et al v. Bank of America, N.A. et al

Case Number

2:18-cv-02352

Court

New York Eastern

Nature of Suit

Contract: Other

Date Filed

April 20, 2018


Case Title

Cantero v. Bank of America, N.A.

Case Number

21-400

Court

Appellate - 2nd Circuit

Nature of Suit

4190 CONTRACT-Other Contract Action

Date Filed

February 19, 2021