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Act 295 of 2012
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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 445.1091SectionShort title.
Section 445.1092SectionHomeowner protection fund; administration; receipt, deposit, and investment of money and assets; money remaining in fund at close of fiscal year; expenditures.
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