Cox Quoted in USA Today, Milwaukee Journal

Professor Prentiss Cox was recently quoted in USA Today about continued problems in the subprime mortgage lending industry. He stated that the problems in subprime lending were preventable. Cox also provided data on Hennepin County foreclosures used in the story.

Cox also was quoted in the Milwaukee Journal Sentinel regarding foreclosure rescue scams. Homeowners in foreclosure who lose equity through deceptive conduct has been a problem for the last few years, and the problem may be increasing with the sharp rise in foreclosure nationally. The article also discussed a 2004 Minnesota law drafted by Cox that has been a national model for legislation to address the problem.

Cox also discussed foreclosure issues on June 21 on the Urban Journal, a show on satellite radio.