More homeowners finding help could be behind dip in foreclosures

The Pioneer Press says more struggling homeowners in the Twin Cities are finding help. Experts say mortgage-restructuring programs and other counseling programs have existed for awhile, but more homeowners are either discovering them or just coming to terms with the fact they need them.
Author:
Publish date:
Social count:
0

The Pioneer Press says more struggling homeowners in the Twin Cities are finding help. Experts say mortgage-restructuring programs and other counseling programs have existed for awhile, but more homeowners are either discovering them or just coming to terms with the fact they need them.

Related

Sen. Franken to introduce Helping Homeowners Refinance Act

The legislation is meant to help homeowners refinance their mortgages to keep their homes and save money. Sen. Al Franken says "the federal government should be making it easier to refinance, not creating additional hurdles." The Minnesota Democrat plans to introduce the legislation on Monday.

Winona homeowners sue city over rental rules

The city says not more than 30 percent of the homes on a block can be rentals, but some homeowners say that rule is illegal and unconstitutional. They say the city is unfairly restricting what they can do with their property and not giving them equal opportunity to obtain rental licenses.

Anti-foreclosure group reports progress

Organizers with the group Occupy Homes say their efforts to help homeowners fight foreclosure are showing signs of success, MPR reports. The group's staged sit-ins at foreclosed properties have led to 40 arrests, including local rapper Brother Ali outside a Minneapolis home last month.

OccupyMN helps Plymouth woman with foreclosure

Ruth Murman's bank denied a two week extension on her home's foreclosure. KARE 11 says OccupyMN organizers circulated the story and filed a petition - within two hours Murman's bank granted the extension.

Gas prices dip, slide could continue to Thanksgiving

Gas prices have come down an average of 18 cents from a week ago, and about 33 cents from one month ago, according to twincitiesgasprices.com. The cheapest gas is in Bloomington (more than a dozen stations had gas in the $3.23-3.29 range.) The three most expensive stations were in South St. Paul ($3.99), North St. Paul ($3.98) and Minneapolis ($3.74).

Next Up