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Home / Opinion Digests / ‘Branch’ must handle mortgage business to trigger meeting rule (access required)

‘Branch’ must handle mortgage business to trigger meeting rule (access required)

Where there is a “branch office” within 200 miles of the borrower’s home, federal regulations require a bank to conduct a face-to-face meeting before initiating foreclosure proceedings. However, that obligation is only triggered where the “branch office” conducts some business related to mortgages. Background This appeal arises from a dispute over whether a bank was required to ...