Blog

Archive January 2017

All of the articles archived for the month that you have specified are displayed below.

Borrowers Prohibited from Waiving Redemption Periods In Minnesota?

In Minnesota, mortgage companies and borrowers may agree to “cash for redemptions” where the mortgage company pays the defaulting borrowers relocation funds to waive the redemption period by written agreement or providing a deed to the mortgage company shortly after the foreclosure sale occurs. However, a recent Court of Appeals decision appears to have removed that option.

 

Read More

Contributors