The information provided on this website does not, and is not intended to, act as legal, financial or credit advice; instead, it is for general informational purposes only. Information on this website may not be current. This website may contain links to other third-party websites. Such links are only for the convenience of the reader, user or browser; we do not recommend or endorse the contents of any third-party sites. Readers of this website should contact their attorney, accountant or credit counselor to obtain advice with respect to their particular situation. No reader, user, or browser of this site should act or not act on the basis of information on this site. Always seek personal legal, financial or credit advice for your relevant jurisdiction. Only your individual attorney or advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this website or any of the links or resources contained within the site do not create an attorney-client or fiduciary relationship between the reader, user, or browser and website owner, authors, contributors, contributing firms, or their respective employers.
Credit.com receives compensation for the financial products and services advertised on this site if our users apply for and sign up for any of them. Compensation is not a factor in the substantive evaluation of any product.
“While we are seeing signs that the housing market may be stabilizing, these numbers show that Minnesota is not out of the woods yet and that tens of thousands of Minnesota families are still facing their own personal foreclosure crisis,” said Ed Nelson, marketing and communications manager for the Minnesota Home Ownership Center.
The state’s busiest period for notices was the third quarter, which had nearly 2,000 more notices than the following quarter, the report said. Between July and September, there were 18,982 notices mailed, compared with 17,270 from October to December.
Many consumers may have received improper foreclosure notifications, however, due to the robosigning practices used by many lenders in recent months. With this process, unqualified bank employees approved hundreds of actions per day without properly verifying their legitimacy.
September 13, 2021
Uncategorized
August 4, 2021
Uncategorized
January 28, 2021
Uncategorized