Quote:In a potentially ominous sign of snowballing troubles in the real-estate market, new figures show foreclosures in Hennepin County doubled during the first three months of this year compared to the same period last year.
Between January and March, 1,203 houses were sold at Hennepin County sheriff's auctions, according to county records. During the first quarter of last year, there were 601 home auctions.
"This is not just an inner-city problem. This is a Minnesota problem," said DFL Sen. Linda Higgins of Minneapolis, one of several legislators pushing for new laws on mortgage fraud and predatory lending practices. The Senate is expected to vote today on the first of three bills on the issue.
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