banks

Prohibiting simultaneous foreclosure during loan modifications

By Susan Hegarty, Session Weekly/Session Daily

Earlier this session, several homeowners told lawmakers how their mortgage lenders began to foreclose on their homes while processing a loan modification at the same time. Under a bill awaiting the governor’s action, that practice of “dual tracking” would be prohibited.

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Thirteen arrested in anti-foreclosure protest at Wells Fargo

By Ed Felien, Southside Pride

(Photo by T.K.)

Thirteen people were peacefully arrested at Wells Fargo Home Mortgage on 26th Street Feb. 27 demanding turnover of vacant homes to community control and fair banking practices.

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E-DEMOCRACY | Neighbors take sides as squatters move into 3325 2nd Ave S, Minneapolis

By Multiple authors, E-Democracy issues forums

From: John Gall Date: Mar 09

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Last rites in foreclosure fight? Minnesota Senate Dems block hearing on Homeowners' Bill of Rights

By Nick Coleman, The Uptake

This is not the way Minnesota housing rights activists thought it would turn out when Democrats regained control of the the State Legislature: Hopes for passing a Homeowners’ Bill of Rights to protect Minnesotans from needlessly losing their homes to foreclosure all but died Friday.

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House passes bill regulating global money transfers

By Liz Stoever, Session Weekly/Session Daily

With an increasing number of Minnesotans born in other countries, remittance transfers, which allow foreign workers in the United States to send money to other countries, has become important in the market place, Rep. Mike Freiberg (DFL-Golden Valley) said.

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University professors close TCF bank accounts in response to closing of Iranian students' accounts

By Tyler Gieseke, The Minnesota Daily

University of Minnesota faculty members have kept their word.

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Extension of Farmer-Lender Mediation Act passed by House

By Jonathan Mohr, Session Weekly/Session Daily

The House voted 124-5 Thursday to extend the sunset date of The Farmer-Lender Mediation Act by four years.

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Consumer Financial Protection Bureau to look at University of Minnesota's long-term agreement with TCF Bank

By Kia Farhang, The Minnesota Daily

Relationships between universities and financial institutions, like the one between the University of Minnesota and TCF Bank, are being analyzed to see if they take advantage of students.

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Professors to protest closings of Iranian student's TCF accounts this week

By Tyler Gieseke, The Minnesota Daily

Graduate student Alireza Asary was one of several Iranian University of Minnesota students notified in December 2012 by TCF Bank that their accounts would be closed. The University is currently working to help resolve eight cases. (Photo by Jaak Jensen)

A group of University of Minnesota faculty members will begin moving their TCF direct deposits to other banks this week in protest of the closing of several Iranian students’ accounts.

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MN VIDEOS | Unlock our future: Katra Arale

By SEIU, MN Videos

Katra Arale works at the Hennepin County Government Center and has been a leader in our fight for green jobs and for the Somali community to be able to send money home. We're also standing up to win:

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MN Videos
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