Public Policy Bill Position Detail

  • 2007-2008
  • Pappageorge, John
  • Prohibit Coerced Appraisals

Financial institutions; mortgage brokers and lenders; coercing or inducing appraisers to inflate value of real property offered as collateral for secondary mortgage loan; prohibit. Amends sec. 27 of 1981 PA 125 (MCL 493.77). TIE BAR WITH: SB 0342'07, SB 0356'07


Consumer Law