MCL - Act 295 of 2012


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




The People of the State of Michigan enact:
Document Type Description
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.