Sunday, June 01, 2008

Minnesota Governor Vetoes Bill Providing One-Year Moratorium On Home Foreclosures

In Minnesota, My Fox TV Channel 9 reports:
  • As forewarned, Gov. Tim Pawlenty vetoed the Minnesota Subprime Borrower Relief Act Thursday, citing a negative impact on the credit market and a potential clash with the constitution.

For more, see As Warned, Pawlenty Vetoes Mortgage Relief Bill.