HF 4542·MN·house
Mortgage foreclosure process modified to allow for online sales and private selling officers.
IntroducedFiled Mar 23, 2026
Sponsor: Curran
Latest Action
Introduction and first reading, referred to Judiciary Finance and Civil Law
Mar 23, 2026
Summary
The proposal changes how foreclosed homes are sold, permitting online auctions and sales by designated private selling officers. It tightens notice requirements, giving borrowers a right to sue for damages if proper notice isn’t mailed, but provides an exception if a sale certificate is sent at least 60 days before the redemption period ends. The changes aim to modernize the foreclosure process while protecting homeowners.
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