Latest News and Insights: Industry News


Bank of America Halts Foreclosures in Minnesota

October 8, 2010

According to a press release on the Bank of America website, BoA has halted ALL foreclosure sales in all 50 states.  This, obviously, includes Minnesota. The actual text of the press release is: Bank...

Can lender access property after foreclosure sale?

October 4, 2010

This post is a guest post by attorney Jeffrey O’Brien, partner with Mansfield Tanick & Cohen, P.A. who specializes  in the areas of business and corporate law, real estate law, estate and business succession planning and...

HECAT Funding Awards Announced

The State of Minnesota is unique in that we are the only state in the country with a dedicated pool of funds that provides financial support to eligible non-profit organizations to deliver a variety of...

Foreclosure Suspensions in Minnesota?

September 30, 2010

UDPATE:  Bank of America & PNC have halted foreclosures in ALL 50 states, including Minnesota.  If other lenders join them, we’ll update this blog post. Recently a number of stories have hit the media...

New Fannie Mae Forbearance Program for Military Families

September 27, 2010

Fannie Mae has announced plans to give military families a break on their mortgage payments if they are struggling because of the death or injury of a service member. Fannie says its “Unique Hardship”...

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