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Committee advances bill clarifying homeowners' right to postpone judicial foreclosure sale
Summary
The House Commerce Committee placed House File 1224 on the General Register after hearing testimony that the bill resolves ambiguity about whether homeowners can postpone judicial foreclosure sales, a question raised by a 2022 federal court decision.
Representative Steve Freiberg, sponsor of House File 1224, moved the bill to the General Register and described it as a narrow fix to a statutory ambiguity that arose after the foreclosure crisis and a recent federal court ruling.
The bill clarifies that Minnesota’s existing statutory right to postpone a mortgage sale — a tool adopted during the 2009 foreclosure response — applies not only to foreclosures by advertisement…
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