MN HF2213

Amends the definition of "small servicer" to include servicers that have conducted 125 or fewer foreclosure sales during the preceding 12 months, removing the previous August 1, 2014 expiration date for this classification.

Adds Housing Finance Agencies, as defined in Code of Federal Regulations title 24, section 266.5, as an additional category of small servicers.

Clarifies that time limits in the Foreclosure Curative Act (section 582.25) apply notwithstanding any common law, and specifies distinct expiration periods for different provisions ranging from one year to ten years after the foreclosure sale.

Establishes that most foreclosure sale provisions expire one year after the mortgagor's redemption period ends, while defects in the notice of sale provisions expire ten years after the sale date, and recording requirement provisions expire upon expiration of the mortgagor's applicable redemption period.

Both amendments are effective the day following final enactment.