Learn how the Minnesota foreclosure process works, including preforeclosure steps, foreclosure procedures, and homeowner rights. Learn how foreclosures work in Minnesota.A Tangible Interest form is required to be filled out prior to receiving a certified copy of a certificate. Mortgage foreclosures are legal actions taken to foreclose on real estate. This information is not comprehensive. Notice Of Mortgage Foreclosure Sale {60.2. This fact sheet talks about foreclosure, what you can do, and what a mortgage company can and can't do. Among the most prominent features of the current housing crisis has been an unprecedented jump in the incidence of mortgage delinquencies and foreclosures.