Key Votes
HB 4455 - Mortgage Payment Modifications - Key Vote
Michigan Key Votes
Stages
- May 20, 2009 Executive Signed
- May 19, 2009 Senate Conference Report Adopted
- May 13, 2009 House Conference Report Adopted
- April 21, 2009 House Concurrence Vote Failed
- April 2, 2009 Senate Bill Passed
- March 11, 2009 House Bill Passed
- Feb. 24, 2009 Introduced
Family
Issues
Stage Details
Legislation - Signed (Executive) - May 20, 2009
Title: Mortgage Payment Modifications
Signed by Governor Jennifer Granholm
Legislation - Conference Report Adopted (Senate) (36-0) - May 19, 2009
Legislation - Conference Report Adopted (House) (93-15) - May 13, 2009
Legislation - Concurrence Vote Failed (House) (43-64) - April 21, 2009
Legislation - Bill Passed (Senate) (30-7) - April 2, 2009 (Key vote)
Title: Mortgage Payment Modifications
Vote Smart's Synopsis:
Vote to pass a bill creating a mechanism to prevent additional foreclosures.
Highlights:
-Allows borrowers and housing counselor to create a modified payment amount under the FDIC workout program (Sec. 3205).
-Permits Michigan State Housing Development Authority to develop a list of approved housing counselors (Sec. 3205).
-Tie-barred to HB 4453 and HB 4454
Legislation - Bill Passed (House) (74-34) - March 11, 2009 (Key vote)
Title: Mortgage Payment Modifications
Vote Smart's Synopsis:
Vote to pass a bill that requires the calculation of a modified payment amount under the FDIC Workout Program for a borrower who has been unable to secure an agreement with a housing counselor to modify his or her mortgage loan.
Highlights:
-Specifies that if a borrower is eligible for a modification, the mortgage holder or servicer shall not foreclose under Chapter 32 of Act 236 of 1961, which deals with foreclosure of mortgages by advertisement, but may instead proceed under Chapter 31, which deals with foreclosure of mortgages by land contracts (Sec. 3205C).
-Specifies that if a mortgage holder begins foreclosure proceedings under Chapter 32 in violation of this bill, then the borrower may file an action in circuit court to convert the foreclosure proceeding to a judicial foreclosure (Sec. 3205 C).
-Specifies that this bill shall not take effect unless HB 4453 and HB 4454 of the 95th Legislature are enacted into law (Enacting Sec. 1).
Note:
NOTE: THIS IS A SUBSTITUTE BILL, MEANING THE LANGUAGE OF THE ORIGINAL BILL HAS BEEN REPLACED. THE DEGREE TO WHICH THE SUBSTITUTE BILL TEXT DIFFERS FROM THE PREVIOUS VERSION OF THE TEXT CAN VARY GREATLY.
Legislation - Introduced (House) - Feb. 24, 2009
Title: Mortgage Payment Modifications
Sponsors
- Bert Johnson (MI - D) (Out Of Office)
Co-sponsors
- Kathy Angerer (MI - D) (Out Of Office)
- Vicki Barnett (MI - D)
- Joan Bauer (MI - D) (Out Of Office)
- Timothy Bledsoe (MI - D) (Out Of Office)
- Terry L. Brown (MI - D) (Out Of Office)
- Lisa Brown (MI - D) (Out Of Office)
- Pamela 'Pam' Byrnes (MI - D) (Out Of Office)
- Bob J. 'Bob' Constan (MI - D) (Out Of Office)
- Marc R. Corriveau (MI - D) (Out Of Office)
- George C. Cushingberry Jr. (MI - D) (Out Of Office)
- Robert Dean (MI - D) (Out Of Office)
- Andy Dillon (MI - D) (Out Of Office)
- Marie Donigan (MI - D) (Out Of Office)
- Fred Durhal Jr. (MI - D)
- Kate Ebli (MI - D) (Out Of Office)
- John Espinoza (MI - D) (Out Of Office)
- Douglas A. Geiss (MI - D)
- Lee Gonzales (MI - D) (Out Of Office)
- Vincent Gregory (MI - D) (Out Of Office)
- Jennifer Haase (MI - D) (Out Of Office)
- Richard E. Hammel (MI - D) (Out Of Office)
- Harold L. Haugh (MI - D)
- Michael R. 'Huck' Huckleberry (MI - D) (Out Of Office)
- Shanelle Jackson (MI - D) (Out Of Office)
- Robert B. Jones (MI - D) (Out Of Office)
- Deb Kennedy (MI - D) (Out Of Office)
- Gabriel 'Gabe' Leland (MI - D) (Out Of Office)
- Ellen Cogen Lipton (MI - D)
- Lesia Liss (MI - D) (Out Of Office)
- Tim Melton (MI - D) (Out Of Office)
- Fred J. Miller (MI - D) (Out Of Office)
- David E. Nathan (MI - D)
- Judy Nerat (MI - D) (Out Of Office)
- Andy Neumann (MI - D) (Out Of Office)
- Gino H. Polidori (MI - D) (Out Of Office)
- Sarah Roberts (MI - D) (Out Of Office)
- Roy Schmidt (MI - D) (Out Of Office)
- Bettie Cook Scott (MI - D) (Out Of Office)
- Daniel Collins 'Dan' Scripps (MI - D) (Out Of Office)
- Kate Segal (MI - D)
- Joel A. Sheltrown (MI - D) (Out Of Office)
- Mike Simpson (MI - D) (Out Of Office)
- Dian Slavens (MI - D)
- Jim Slezak (MI - D) (Out Of Office)
- Alma Wheeler Smith (MI - D) (Out Of Office)
- Woodrow Stanley (MI - D)
- Jonathan M. Switalski (MI - D)
- Rashida Tlaib (MI - D)
- Coleman A. Young II (MI - D) (Out Of Office)
