Class Certified In UCL Suit Claiming Bank Failed To Pay Interest On Escrow Accounts

Mealey's (November 25, 2019, 10:21 AM EST) -- SAN FRANCISCO — A federal judge in California on Nov. 20 granted a plaintiff’s motion for class certification in a lawsuit brought under California’s unfair competition law (UCL) alleging that a bank failed to pay interest on escrow accounts on mortgage loans, noting that it “is hard to imagine a case more worthy of class treatment” (William Kivett v. Flagstar Bank, FSB, et al., No. 18-05131, N.D. Calif.. 2019 U.S. Dist. LEXIS 202448)....