Introduced
by
To correct an error in a law enacted <a href="http://www.michiganvotes.org/2014-HB-5277">earlier in 2014</a> that revised details of the right of a foreclosure auction property buyer to monitor the property during the post-auction redemption period (during which a delinquent borrower can pay the loan in full to redeem the property). In one provision of that bill it referred to the “mortgagor” when it meant the purchaser.
Referred to the Committee on Financial Services
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 106 to 0 (details)
Referred to the Committee on Banking and Financial Institutions
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Passed in the Senate 37 to 0 (details)
To correct an error in a law enacted <a href="http://www.michiganvotes.org/2014-HB-5277">earlier in 2014</a> that revised details of the right of a foreclosure auction property buyer to monitor the property during the post-auction redemption period (during which a delinquent borrower can pay the loan in full to redeem the property). In one provision of that bill it referred to the “mortgagor” when it meant the purchaser.
Passed in the House 109 to 0 (details)
To concur with the Senate-passed version of the bill.