Mortgage foreclosure process modification to allow for online sales and private selling officers

This bill modifies Minnesota's mortgage foreclosure process to allow for online sales and the use of private selling officers, expanding how properties can be sold during foreclosure proceedings. It requires foreclosure notices to include specific information about online sales websites and private selling officer contact details, while also clarifying rules for calculating damages when proper notice is not sent to interested parties. The legislation updates various statutes to reflect these procedural changes and includes standardized language for foreclosure advice notices to help homeowners understand their options. These changes affect lenders, borrowers, and other parties involved in the foreclosure process by altering how sales are conducted and how notices are delivered.