(a)General. A Federal savings association may establish or maintain an agency office to engage in one or more of the following activities:
(1) Servicing, originating, or approving loans and contracts;
(2) Managing or selling real estate owned by the Federal savings association; and
(3) Conducting fiduciary activities or activities ancillary to the association's fiduciary business in compliance with subpart A ofpart 150 of this chapter.
(b)Additional services. A Federal savings association may request, and the OCC may approve, any service not listed in paragraph (a) of this section, except for payment on savings accounts.
(c)Records. A Federal savings association must maintain records of all business it transacts at an agency office. It must maintain these records at the agency office, and must transmit copies to a home or branch office.
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