2019 House Bill 5091

Clarify status of “assignment of rents” in foreclosure by advertisement

Introduced in the House

Oct. 8, 2019

Introduced

To establish that an action or proceeding under a Michigan uniform assignment of rents act to enforce an assignment of rents law is not an “action to recover a debt” that would otherwise prohibit a mortgage lender from executing a “foreclosure by advertisement” proceeding.

Referred to the Committee on Judiciary