Relating to real property

ARTICLE 1 - HOMESTEAD-LENDER MEDIATION

Requiring foreclosure prevention to include mediation referral and attorney general notification; requiring counseling agencies to be funded for foreclosure prevention services by the Minnesota housing finance agency or the United States department of housing and urban development; requiring that lenders must not commence foreclosure action until after initial published notice is given; requiring counseling agencies to give mortgagors mediation request form upon failure to negotiate a resolution; specifying form language; changing the redemption time period; defining terms; providing for applicability, mandatory mediation proceedings; requiring good faith; specifying creditor mediation duties, data practices, compensation, a mediation request affidavit form, district court enforcement, law inconsistency and expiration

ARTICLE 2 - MISCELLANEOUS

Specifying certain miscellaneous provisions

ARTICLE 3 - FEES AND APPROPRIATIONS

Specifying recording and recording fees and depository requirements; making conforming amendments; establishing the homestead-lender mediation act account, specifying uses; appropriating money
(me)