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2. Michigan's top court gives big victory to people trying to ...

   www.aol.com/news/michigans-top-court-gives-big...

   July 29, 2024 at 2:37 PM. DETROIT (AP) — The Michigan Supreme Court said Monday that its 2020 decision stopping local governments from keeping cash windfalls from the sale of foreclosed homes ...

3. Deed in lieu of foreclosure - Wikipedia

   en.wikipedia.org/wiki/Deed_in_lieu_of_foreclosure

   Deed in lieu of foreclosure. A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower ...

4. Mortgage Electronic Registration Systems - Wikipedia

   en.wikipedia.org/wiki/Mortgage_Electronic...

   Mortgage Electronic Registration Systems, Inc. (MERS) is an American privately held corporation. [1] MERS is a separate and distinct corporation that serves as a nominee on mortgages after the turn of the century and is owned by holding company MERSCORP Holdings, Inc., which owns and operates an electronic registry known as the MERS system, which is designed to track servicing rights and ...

5. Michigan Supreme Court weighs in on tax foreclosure ... - AOL

   www.aol.com/michigan-supreme-court-weighs-tax...

   In another case, the state of Michigan foreclosed Lynette Hathon and Amy Jo Denkins’ property in 2018 for nonpayment, sold it for $28,250 at the auction and retained the surplus proceeds. They ...

6. Lis pendens - Wikipedia

   en.wikipedia.org/wiki/Lis_pendens

   Lis pendens. In United States law, a lis pendens (Latin for 'suit pending' [ 1] ) is a written notice that a lawsuit has been filed concerning real estate, involving either the title to the property or a claimed ownership interest in it. The notice is usually filed in the county land records office. Recording a lis pendens against a piece of ...

7. Illinois mansion sitting on Lake Michigan shore seeks $35M - AOL

   www.aol.com/finance/illinois-mansion-sitting...

   A Lake Michigan mansion and its eight-figure asking price may set a new record for the region. The 22-room home nicknamed "Windsor House" and the 2.3 acres that accompany it in Winnetka, Illinois ...