California's largest banks have been accused of illegally keeping more than $270 million in title transfer fees for papers that were never filed.

Two lawsuits, filed in May and June under California's False Claims Act, allege that Bank of America Corp., Norwest Bank, NationsBanc, World Bank, California Federal Bank, and others charged homeowners a title fee of $65 to $200 when selling or refinancing their home, then failed to transfer the ownership deed when the mortgage was paid off.

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