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St. Paul, MN - April 09, 2009 - (RealEstateRama) — Officials at the Minnesota Department of Commerce today urged homeowners affected by the flooding in northwest Minnesota to begin communicating immediately with their lenders about their mortgage payments. The sooner banks and mortgage holders know about an emergency financial situation, the easier it might be to negotiate an alternative payment plan.

WASHINGTON - March 06, 2009 - (RealEstateRama) — Congressman John Kline issued the following statement today after opposing H.R. 1106, mortgage “cram-down” legislation that passed today in the U.S. House of Representatives

Attorney General also warns seniors to be sure to fully understand complex mortgage product February 09, 2009 - (RealEstateRama) — Assistant Senate Majority Leader Tarryl Clark (St. Cloud) and Representative Jim Davnie (Minneapolis),

Minnesota Legislators and Attorney General also propose legislation to tighten laws and stop new breed of mortgage modification companies that prey on homeowners in trouble

Minneapolis- HUD's Federal Housing Administration and the Minnesota Housing Finance Agency (HFA) today announced a first-of-its-kind agreement to promote safer, affordable government-insured mortgages. The...

Minnesota Attorney General Lori Swanson today filed six new lawsuits in Hennepin County District Court against foreclosure consulting companies that charged Minnesota homeowners up...

MN Senator’s amendment triples foreclosure protection to 9 months for our men and women in uniform returning from active duty service   April 10th, 2008 -...

MINNEAPOLIS, Dec. 13 /PRNewswire/ -- Residential Capital, LLC (ResCap) today announced an extension of the early tender time for its previously announced cash tender...

Leader In Doc Prep And Compliant Content Offers Servicers Standardized Loan Modification Agreements And Packages That Can Be Customized To Meet Specific Business Needs MINNEAPOLIS,...

MINNEAPOLIS, Dec. 6 /PRNewswire/ -- Residential Capital, LLC (ResCap) today announced an extension of the early tender time for its previously announced cash tender...

~$1 million for early intervention, counseling; lenders encouraged to work with homeowners ~ Saint Paul – To further assist homeowners facing foreclosure, Governor Tim Pawlenty...

Six from Twin Cities among 20 in the U.S. most exposed to failing construction loans  An intensifying housing recession is zapping community banks across the...

Fourth-Quarter Restructuring Charge Expected MINNEAPOLIS, Oct. 17 /PRNewswire/ -- GMAC Financial Services today announced it is restructuring its mortgage operations, Residential Capital, LLC (ResCap), as...

Brian Holden and Leah Johnson dreamed of a more comfortable home for their three kids. In June, the Burnsville couple thought they had found...