In a recent case from the Court of Appeals of Washington, the Court addresses who is responsible when an escrow agent absconded with escrow funds between the borrowers and the lender and its assignee.
On April 25, 2023, the United States District Court for the Western District of Washington ("the Court") issued its opinion in the matter of Ticor Title Company, et al., v. Kiavi Funding, Inc.
An escrow officer in Washington has given up her certification as a limited practice officer after she was accused of wiring nearly $2 million in client escrow funds to a scammer.