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Real Estate/Development

Apr. 18, 2001

Title Co. Can't Keep Interest From Escrow, Judge Rules

SAN FRANCISCO - In a ruling that could change the way banks and title companies handle escrow accounts, a San Francisco judge on Monday decreed that Old Republic Title Co.'s practice of retaining the interest earned on investments made with escrow funds is illegal.

By Matthew King
Daily Journal Staff Writer
        SAN FRANCISCO - In a ruling that could change the way banks and title companies handle escrow accounts, a San Francisco judge on Monday decreed that Old Republic Title Co.'s practice of retaining the interest earned on investments made with escrow funds is illegal.
     &nb...

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