Introduced by Sen. Nancy Cassis (R) on March 10, 2009, to revise the law that prohibits a register of deeds from determining the amount necessary for a home loan borrower to redeem a foreclosed property during. The bill would reverse this (but only in Oakland, Macomb and Kent Counties), and allow the register of deeds to charge up to $50 for this.
Referred to the Senate Banking and Financial Institutions Committee on March 10, 2009.
Reported in the Senate on December 17, 2009, with the recommendation that the substitute (S-3) be adopted and that the bill then pass.