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Home / Opinion Digests / Defaulting Owners Seek Pre-Foreclosure Meeting (access required)

Defaulting Owners Seek Pre-Foreclosure Meeting (access required)

Although owners defaulted on their mortgage, the circuit court erred in regarding this as a material first breach that prevents them from suing to enforce a condition precedent in the note – a federal regulation requiring a lender to meet face-to-face with a borrower prior to commencing foreclosure – and the Supreme Court of Virginia ...

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