Democratic attorneys general suing Trump administration over new interest rules for homeowners

Filed by Deacon Rift

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 Oregon on behalf of 10 blue states, challenges…