Title Companies DECIDING WHO GETS EARNEST MONEY

[Ramon Amador]

I was in a transanction that we couldn't close but buyer terminate contract on Loan Commitment deadline, buyer notify title company and seller but they stop answering calls after a while title told buyer they release earnest to seller because seller writed a letter saying buyer was on default and without asking the buyer title company release earnest to seller.
My question is: Can Title companies decide who gets earnest money in Colorado?