
Case Law
Inflated escrow
United States·Courthouse News Service·⏱️ 1 min readWire Summary
EAST ST. LOUIS, Ill. — An Illinois federal court dismisses fraud claims against a loan servicing company but allows RESPA and unjust enrichment claims to proceed because the borrowers plausibly claimed the company improperly inflated their escrow account with property taxes it didn’t owe, ignored more than 100 attempts to fix the error and refused to accept a payment less than the inflated figure. The fraud claims are dismissed because the borrowers failed to identify specific false statements made by the firm.
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