New federal rules could end mortgage escrow interest for some homeowners. States are suing to block them

A new lawsuit challenges recently issued rules from federal banking regulators that preempts state laws requiring banks to pay interest on escrow accounts.

A group of Democratic state attorneys general is suing the Trump administration to block its attempt to invalidate state requirements that mortgage lenders pay homeowners interest on money deposited into escrow accounts, calling it an “unlawful handout” to big banks.   The lawsuit, filed Tuesday in a federal court in O

Music streaming platform creates ‘AI persona’ label that will appear on profiles and track listings in crackdown on fake performers Spotify is to label AI artists and exclude them from algorithm recommendations as part of a crackdown on fake performers. The world’s largest music streaming platform is creating a label f