WASHINGTON MUTUAL BANK v. SUPERIOR COURT OF LOS ANGELES COUNTY (GUILFORD), B151669
Civil Code section 2948.5 does not prohibit a lender from charging interest on a home loan prior to the close of escrow in those instances where the lender deposits the loan proceeds into escrow by wire or electronic transfer.
- Decided 01/24/2002
- Published 01/24/2002
- California Court of Appeal
- For Appellant:
- Stroock & Stroock & Lavan, Julia B. Strickland, Lisa M. Simonetti, Los Angeles, and JiAe Kim, for Petitioner., Lieff, Cabraser, Heimann & Bernstein, William B. Hirsch, Barry R. Himmelstein, David L. Fiol, Girard & Green, Robert S. Green, San Francisco, Gordon M. Fauth, Jr. and Rosemary M. Rivas, Newark, for Real Parties in Interest.
- For Appellees:
- No appearance for Respondent.