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Capital IconMinnesota Legislature

Legislative Session number- 88

Bill Name: SF1276

3E Relating to real estate; requiring loss mitigation by mortgage lenders and
servicers; modifying requisites for the foreclosure process by adding certain
compliance requirements before the foreclosure sale; modifying certain
requirements for form and delivery of a foreclosure advice notice; specifying
certain duties of residential mortgage servicers relating to loss mitigation
options and prohibiting dual tracking in mortgage foreclosure proceedings,
defining certain terms and specifying applicability to certain first lien
mortgages; expanding mortgage foreclosure sales validation requirements
(je)