Bill
HB 5153
Civil procedure: foreclosure; distribution of proceeds from mortgage foreclosure auctions; modify. Amends secs. 3240 & 3252 of 1961 PA 236 (MCL 600.3240 & 600.3252). TIE BAR WITH: HB 5152'25
2025-2026 Regular Session
Introduced by Joey Andrews and 4 co-sponsors
Michigan bill modifies foreclosure auction proceeds distribution rules, potentially shifting priorities among homeowners, lenders, and municipalities claiming the sale funds.
REFERRED TO COMMITTEE ON HOUSING AND HUMAN SERVICES