Minnesota Democrats Propose Ending Major Foreclosure Abuses

Minnesota Democrats Propose Ending Major Foreclosure Abuses: Democrats in the Minnesota state legislature are attempting to end one of the more pernicious practices that banks have employed in the aftermath of the housing bubble: “dual-tracking,” during which a lender simultaneously starts foreclosure proceedings on a borrower while assessing the borrower’s eligibility for a mortgage modification. A bill doing away with dual-tracking will [...]/p