The Supreme Court of Pennsylvania has held that mortgagors, alleging the misuse of escrow funds by mortgagees, stated a cause of action for breach of an express trust, for imposition of a constructive trust, and for breach of an implied contract, but that the allegations, if proven, would not violate the Truth in Lending Act.
Buchanan v. Brentwood Federal Savings & Loan Association, 320 A.2d 117 (Pa. 1974).
Michael T. Reilly,
Trusts - Constructive Trust - Implied Contracts - Truth in Lending,
Duq. L. Rev.
Available at: https://dsc.duq.edu/dlr/vol13/iss2/11