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Capital IconMinnesota Legislature

Legislative Session number- 85

Bill Name: HF0931

HF 931

SECOND ENGROSSMENT

Predatory mortgage lending practices prohibited, and
civil and criminal penalties imposed.

Section 1: "Subprime loan" definition
provided.

Section 2: General language modified.

Section 3: Prepayment
penalties language added.

Section 4: Private right of action langauge
provided.

Section 5: Residential mortgage fraud.

Section 6: Private right of
action language provided.

JAJ 4/17/7