Cox Quoted on Rise in Mortgage Foreclosures

Professor Prentiss Cox was quoted in the Minneapolis StarTribune regarding the continued rise in mortgage foreclosures in the metropolitan area. He also has been quoted on Minnesota Public Radio (MPR), the Pioneer Press and other local media in the last two months on the issue of mortgage foreclosures and predatory lending. Professor Cox has testified three times this year before legislative committees in support of new mortgage consumer protection laws. One of these laws was recently enacted by the Minnesota legislature. Professor Cox and Amber Hawkins of Legal Services Advocacy Project were the principal drafters of the legislation, which has been described by mortgage industry officials as perhaps the strongest consumer protection laws for mortgage borrowers in the United States.