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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.
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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.

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OccupyMN protesters' tents confiscated by police

Authorities confiscated more than two dozen tents that were set up outside the Hennepin County Government Center plaza early Sunday. Demonstrators plan to erect more tents across the street from Government Plaza in U.S. Bank Plaza.

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The TC Daily Planet is reporting some demonstrators connected to the OccupyMN movement have occupied a foreclosed home in north Minneapolis to keep the residents from being evicted. The protesters say they intend to stay in the home and in tents on the property until U.S. Bank agrees to renegotiate the mortgage. They say they will resist if authorities try to forcefully evict the residents.

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Despite a drop in foreclosures in the Twin Cities last year, 2012 will not likely be the year that the housing crisis winds down. The Star Tribune reports that a moratorium on processing new foreclosures has ended, which will likely increase the number of local foreclosures processed in the coming year.

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