Snyder signs foreclosure changes, wants more bills

Gov. Rick Snyder has signed into law changes in Michigan's home foreclosure rules but is calling on lawmakers to swiftly enact more legislation to clarify some issues.
AP Wire
Jul 4, 2013

Bills signed Wednesday keep intact the redemption period when homeowners can challenge a foreclosure's legality. An earlier version of the legislation would have reduced the period from 6 months to 60 days.

One contentious provision in the new law takes away someone's right to save his or her property if an inspector discovers the home is in bad shape due to neglect or other reasons.

Snyder says he'll convene a workgroup within the next week to work on legislation clearly stating what constitutes a reasonable inspection. He also wants to specify what notice must be given and how frequently inspections can occur.

Comments

Lanivan

Just one more area of our society ripped asunder from the Great Recession that now requires more legislation, more government fixes to correct. The degree to which this country was harmed by years of the Bush administration and Republic congressional control that exploded the deficit, and compromised millions of families and their employment, health care, shelter, and retirement savings, is stunning in the depth of damage and the many years it will take to get the country and our state back on course.

And twelve Senate Republicans, given years to assess Medicaid expansion that would provide a basic health insurance option for thousands of Michigan working families, can't bring themselves to bring the proposal to the floor for a vote in the final hours before summer vacation.

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