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

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    The Michigan Supreme Court said Monday that its 2020 decision stopping local governments from keeping cash windfalls from the sale of foreclosed homes can be applied retroactively, meaning that ...

  3. Thousands of former Michigan homeowners could claim profits ...

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    After a Michigan Supreme Court ruling, here's how former property owners can make claims for profits from tax foreclosure sales.

  4. Michigan Supreme Court weighs in on tax foreclosure profits ...

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    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 ...

  5. 2010 United States foreclosure crisis - Wikipedia

    en.wikipedia.org/wiki/2010_United_States...

    [20] [21] Since the 2010 crisis, 62 million mortgages are held in the name of MERS, [22] and MERS has initiated thousands of foreclosures in the United States, claiming to be the mortgagee of record. Lawyers have contended in court that MERS has no legal right to initiate a foreclosure, because MERS does not own the loans in question.

  6. Squatting in the United States - Wikipedia

    en.wikipedia.org/wiki/Squatting_in_the_United_States

    They break into vacant, unused bank-owned foreclosed homes and move homeless people inside. [41] Take Back the Land organized a shantytown called the Umoja Village to squat a vacant lot in 2006 and 2007. [42] Homes Not Jails in San Francisco advocates squatting houses to end the problem of homelessness. It has opened "about 500 houses, 95% of ...

  7. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan.

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