Mortgage foreclosure process modification to allow for online sales and private selling officers

Summary

The bill updates Minnesota’s foreclosure statutes so that sales can be conducted online or by a private selling officer. It adds new notice requirements that must include sale details, website links, and officer contact information, and it creates a limited cause of action for borrowers if proper notice is not mailed. The changes aim to increase transparency and give homeowners clearer rights and recourse during foreclosure.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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