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HOMEOWNER PROTECTION FUND ACT
Act 295 of 2012
AN ACT to create a fund to receive money from mortgage loan servicing companies paid pursuant to certain consent judgments in actions for mortgage loan servicing and foreclosure abuses; to provide for the expenditure of revenue in the fund consistent with the consent judgments; and to provide for the powers and duties of certain state governmental officers and entities.
History: 2012, Act 295, Imd. Eff. Aug. 1, 2012
© 2017 Legislative Council, State of Michigan
The People of the State of Michigan enact:
|Section 445.1091||Section||Short title.
|Section 445.1092||Section||Homeowner protection fund; administration; receipt, deposit, and investment of money and assets; money remaining in fund at close of fiscal year; expenditures.