Bank Escrow Fund Interest Payments
Even if you never noticed it, you're probably paying your property taxes and homeowners' insurance to your bank. Until the bank actually pays the taxes and insurance on your behalf, the bank is holding your money and should be paying you interest.
The law requires that banks must pay interest on the escrow funds they hold on your mortgage. But many don’t.
If you live in a 1- to 6- family home, or a condo, or a coop, and are not getting paid interest on the escrow account, you may be owed money by your bank.
Contact us for a free, confidential consultation. There is no obligation. Fill out the form below or call us at (646) 290-7509.
FAQs
A class action lawsuit is a way for a group of people who have suffered similar harms to bring a single collective case and share in any potential award. You become part of a group, with far more potential power than filing a lawsuit on your own—and at no cost to you.
Filing a class action lawsuit allows us to consolidate evidence, witnesses, and litigation expenses to make the lawsuit more efficient and effective. The collective “clout” of the class is typically far more effective than an action by any individual plaintiff.
No! The attorneys work on contingency, and only get paid if the case is successful. Any fees they may be awarded are determined by the court and paid by the defendant.
Case Contacts
