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HB 5152

Civil procedure: foreclosure; distribution of proceeds from mortgage foreclosure auctions; modify. Amends sec. 3208 of 1961 PA 236 (MCL 600.3208) & adds secs. 3214 & 3222. TIE BAR WITH: HB 5153'25

2025-2026 Regular Session Introduced by Joey Andrews and 3 co-sponsors

Overview: HB 5152 modifies the distribution of proceeds from mortgage foreclosure auctions in Michigan.Purpose and Intent: The bill aims to provide greater protections and equitabl

REFERRED TO COMMITTEE ON HOUSING AND HUMAN SERVICES
#civilprocedure:foreclosure
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Bill Summary · HB 5152

Overview: HB 5152 modifies the distribution of proceeds from mortgage foreclosure auctions in Michigan.

Purpose and Intent: The bill aims to provide greater protections and equitable distribution of funds for homeowners facing foreclosure.

Key Provisions:
- Requires that any surplus funds remaining after a foreclosure auction be distributed to the homeowner, rather than the foreclosing entity
- Establishes a process for homeowners to claim their surplus funds within a specified timeframe
- Allows homeowners to petition the court to delay the distribution of surplus funds to enable them to redeem the property

Affected Parties and Impacts: The bill will primarily benefit homeowners facing foreclosure by ensuring they receive any remaining equity from the sale of their property. It may also impact mortgage lenders and foreclosing entities.

Procedural and Timeline Considerations: HB 5152 was electronically reproduced on October 28, 2025 and is tied to HB 5153, which addresses related foreclosure procedures. The bills are currently pending further legislative action.

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

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