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Homeowner Relief In Minnesota

ST. PAUL, Minn. (AP) Minnesota homeowners facing foreclosure would have additional protection under a bill Gov. Mark Dayton is expected to sign. The legislation requires banks and servicers to make loan modifications to everyone who's eligible. Also, loan servicers can't sell off a home until there's a clear yes or no on the loan modification.
University of Minnesota consumer law expert Prentiss Cox says a key element of the new law gives homeowners more time to modify their loan, thereby holding off a foreclosure sale. Property owners would have an additional 30 days under the state law.
Foreclosures have dropped in Minnesota in recent years, but remain high. Last year there were nearly 18,000 foreclosures, down about 16 percent from the previous year, but nearly triple the 2005 level.
Just In Time For Memorial Weekend
MADISON, Wis. (AP) Fort McCoy's campground's summer hours will take effect this weekend. Pine View Campground's summer season will start Friday and run through the Labor Day weekend, ending on Sept. 2. Miller Not Happy With Minnesota Budget PlansOn Monday the Minnesota Legislature adjourned after completing its work on Frac Sand Moratorium All For Nothing?Approximately 200 people packed the third floor courtroom at the 1500 Soccer Players In La Crosse This WeekendJoining all of the D-3 National track participants in La Crosse this |




