Legal Question in Real Estate Law in Minnesota

my right to know break down of foreclosure fees

My home went into foreclosure last fall but I qualified for a hardship & received from my mortgage company a total amount needed to get my account current. No breakdown of what/who the charges were for was provided. I had previously received payment amounts from their atty with breakdown of charges. I have written my mortgage company twice asking for it, no response other than payments were made current & rest went in a suspense acct. I disagree with at least 1 charge on atty's list but my dispute will be with mortgage company. Also asked what each charge was, when & how many property inspections were done & why the charges varied. I never got served, I want to verify publication charges & I asked which charges were for the atty & which were for the mortgage company. Am I legally entitled to this info? I was told during the hardship process I was entitled to the info but not to dispute anything until payment schedule was complete or the process would stop & foreclosure would continue. I called their atty and requested the same but no response. Also, can I dispute publication costs if newspaper didn't post legal notice on their website as required by MN Statute Chapt 331A.02 subd 5? Hope you can help. JL


Asked on 3/18/05, 7:36 pm

1 Answer from Attorneys
Steven Vatndal Law Office of Steven J. Vatndal

Re: my right to know break down of foreclosure fees

Assuming you are the mortgagor and not a third party, you are entitled to the information. I would contact the appropriate regulatory agency (probasbly Minnesota Dept. of Commerce) to see if they could be of help. If not, you will probably need to hire an attorney.

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Answered on 3/21/05, 8:21 am


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