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JPMorgan Chase Says NY Escrow Interest Suit Is Preempted

By Jon Hill (March 23, 2020, 9:42 PM EDT) -- JPMorgan Chase has previewed its upcoming fight against a proposed borrower class action accusing it of ignoring a New York state law that mandates the payment of interest on mortgage escrow accounts, outlining its plans to become the latest big national bank to argue the law doesn't apply to it....

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