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HB 6049

Civil procedure: costs and fees; sheriff's fees for mortgage foreclosures; modify. Amends secs. 2558 & 3240 of 1961 PA 236 (MCL 600.2558 & 600.3240).

2023-2024 Regular Session Introduced by Tyrone Carter and 1 co-sponsor

HB 6049 modifies Michigan sheriff's fees for mortgage foreclosure proceedings, potentially altering foreclosure costs for lenders and homeowners.

bill electronically reproduced 11/07/2024
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Bill Summary · HB 6049

Legislative bill overview

HB 6049 modifies Michigan's civil procedure statutes to adjust sheriff's fees associated with mortgage foreclosure proceedings. The bill amends sections 2558 and 3240 of the Michigan Court Rules to change how costs and fees are calculated or assessed in foreclosure cases involving sheriff involvement.

Why is this important

Mortgage foreclosure fees directly affect both lenders' costs and homeowners' financial obligations during foreclosure proceedings. Changes to sheriff's fees can impact the overall cost of foreclosures, potentially influencing lending practices, housing market dynamics, and the accessibility of foreclosure processes for all parties involved.

Potential points of contention

  • Impact on foreclosure speed and cost: Modifying fees could either accelerate foreclosures (if fees are lowered) or slow them (if increased), affecting both lenders' willingness to foreclose and homeowners' ability to navigate the process
  • Revenue implications for county sheriffs: Changes to fee structures may reduce county sheriff department budgets, potentially affecting their operational capacity
  • Fairness in cost allocation: Unclear whether fee modifications benefit lenders disproportionately or protect homeowners, or whether changes apply uniformly across different foreclosure situations

Compiled from official sources — confirm details with the bill’s official record.

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