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Grand Forks Herald - People who hold paper want the ability to get their collateral back if the loan doesn't work," said Bendel, a mortgage broker. University of Minnesota Law School professor Prentiss Cox said bill is on sound constitutional footing because states have ...

Minn. bill would delay foreclosures for subprime borrowers

Minneapolis Star Tribune - ... reduced payments for up to one year under a proposal moving through the Minnesota ... homeowners with subprime loans to pay about 65 percent of their monthly mortgage ... The case of the Home Building and Loan Association vs.

'Breathing room' for homeowners facing foreclosure?

Minneapolis Star Tribune - Minnesota homeowners facing the loss of their houses could stop foreclosures and make ... homeowners with subprime loans to pay roughly 65 percent of their monthly mortgage ... The 1934 decision in the Home Building and Loan Association vs.

Proposal may help save some homes

Washington Post - One of the suggestions Bernanke made was for mortgage and other financial companies to reduce the amount of the loan to provide relief to a struggling owner ... Tom Loonan, vice president of the State Bank of Easton in Minnesota, suggested that debt ...

Bernanke Calls for More Mortgage Relief

CNBC - One of the suggestions Bernanke made was for mortgage and other financial companies to reduce the amount of the loan to provide relief to a struggling owner ... Tom Loonan, vice president of the State Bank of Easton in Minnesota, suggested that debt ...

Bernanke calls for more mortgage relief

Columbus Dispatch - ... General Marc Dann and the state Department of Commerce sued a Dublin mortgage broker ... If you talk about your average loan file, it can be a voluminous amount of ... The Minnesota Department of Public Safety said recently it disciplined two employees ...

Snoops at work

Inter Press Service - Mortgage Woes Leave Poor Homeowners Adrift By Abid Aslam ... Opponents counter that subprime lending companies deliberately impose loan terms ... The state of Minnesota has begun acquiring foreclosed properties to resell to low ...

FINANCE: U.S. Mortgage Woes Leave Poor Homeowners Adrift

Minneapolis Star Tribune - It's huge," said Kris Wilson, senior loan officer for Fairway Independent Mortgage in the Twin Cities. ... In Minnesota, the Department of Commerce licenses appraisers, but it does not regulate the performance of ...

Ensuring independent housing appraisals

Minnesota Public Radio - ... When he first started studying architecture at the the University of Minnesota, Tom ... But when he reached his loan limit, he felt he had no choice but to turn to ... That's the same practice that fueled the foreclosure crisis in the home mortgage ...

Private college loans may spell trouble for students

Ledger-Enquirer - Legislators are also considering rental and heating assistance for needy families and a new revolving-loan fund to ease the subprime mortgage mess.

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