Governor Tim Pawlenty today announced additional tools to provide Minnesota homeowners with help to prevent foreclosure “With additional help, the American dream of home ownership can be kept alive for more families facing foreclosure,” Governor
Pawlenty said. “Foreclosures continue to hit families and our state’s economy hard. We are hopeful that connecting more homeowners with counselors and providing a neutral third-party in some cases will help keep more homeowners in their homes, without
negatively impacting the availability of credit in Minnesota.“ Actions announced by Governor Pawlenty today include:
Expanded Foreclosure Counseling Workshops to be held around the state
Creation of the Minnesota Foreclosure
Prevention Compact
Mediation funding to assist homeowners when counseling is unsuccessful
New Commerce Department assistance hotline for counselors
