Defining Predatory Lending and Equity Stripping in Minnesota

..., predatory lending is against the law. In fact, there are numerous federal statutes intended to protect distressed homeowners against it. In addition, many states, including Minnesota, have their own anti-fraud protections, and many also have particular prohibitions against equity stripping.

For these federal and state protections to apply, there must be a workable definition of what tactics are prohibited. So how are "predatory lending" and "equity stripping" defined in Minnesota?