MichiganVotes.org: Michigan Laws, Bills and Votes
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using concise, plain and objective descriptions
Legislation watch
2011 House Bill 5176: Increase foreclosed mortgage redemption period
Introduced by Rep. Rick Olson R-Saline on November 10, 2011
To increase the amount of time given to a delinquent borrower whose mortgage has been foreclosed “by advertisement” to redeem the property after the foreclosure sale. Official Text and Analysis.
Referred to the House Banking and Financial Services Committee on November 10, 2011
Reported in the House on December 1, 2011
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Motion by Rep. Jim Stamas R-Midland on March 29, 2012
The motion passed by voice vote in the House on March 29, 2012
Referred to the House Banking and Financial Services Committee on March 29, 2012