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HomeMy WebLinkAboutResolutions - 2008.11.20 - 9570Corn Distric ssioner Thomas A. Middleton #4 Commissioner Vine kori, itimissioner Sue Ann Douglas District #12 Ssioner 6t # S- MISCELLANEOUS RESOLUTION #08 2651 BY: Commissioners Thomas A. Middleton, District #4, Sue Ann Douglas, District #12, Vincent Gregory, District #21 RE: BOARD OF COMMISSIONERS — SUPPORT FOR SENATE BILL 1390 — ALLOWING COUNTY REGISTERS OF DEEDS TO DETERMINE MORTGAGE FORECLOSURE REDEMPTION PAYMENTS To the Oakland County Board of Commissioners Chairperson, Ladies and Gentlemen: WHEREAS, Prior to March 30,2005. when PA 538 of 2004 took effect, all Registers of Deeds were able to provide the amount necessary to redeem property where the Inv tya9e I cdbe foreclosed; and WHEREAS, PA 538 prohibits Registers of Deeds from computing and providing reclemptiOn amounts to property owners making the lien purchaser or their designee the only parties able to provide the redemption amount typically charging a fee of over $200; and WHEREAS, this change in the law has resulted in unintended consequences where property owners are not always able to obtain the amount necessary to redeem or have to pay over $200 each time they request the payoff amount; and WHEREAS, home mortgage foreclosures are forecasted to be at an all time high and are expected to remain at current levels through 2010; and WHEREAS, Senate Bill 1390, drafted by County Clerk/Register Ruth Johnson and introduced by Senator Nancy Cassis on January 4, 2008, amends MCL 600.3240 stating a Register of Deeds "may' determine the amount necessary for redemption; and WHEREAS, Senate Bill 1390 provides immunity to the County and Register of Deeds for clerical errors in determining the amount necessary for redemption; and WHEREAS, Senate Bill 1390 also allows the Register of Deeds to charge a fee up to $50 for determining the redemption amount; and WHEREAS, Oakland County Clerk/Register of Deeds, Ruth Johnson and Macomb County Clerk/Register of Deeds Carmella Sabaugh, in a bi-partisan effort, testified in favor of Senate Bill 1390 in front of the Senate Banking and Financial Institutions Committee on November 13, 2008; and WHEREAS, the Senate Banking and Financial institutions Committee passed Senate Bill 1390 With 5 ayes, 0 nays and 2 abstentions. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners hereby supports Senate Bill 1390 and encourages its quick passage in the Michigan Senate and House of Representatives. BE IT FURTHER RESOLVED that the Oakland County Clerk/Register of Deeds forward copies of this i„idopted resolution to Governor Granholm, the Oakland County delegation to the Michigan legislature, the Michigan Association of Counties and Oakland County's lobbyists. Chairperson, we move the adoption of the foregoing resolution. District #21 Commissioner' District # mmissioner District # L,4) Commisier District #V7 Commissioner-) 4 •Commi4sioner trict Distil r Cammission District #.3' LcIl Commissioner District #---/ uiza,54h Commissioner Dist/ 'ommissioner Dist Commissioner District # y Cor'nmissioner Distriot # ' CiAmissioner istrict//5-- W ion4ei Di t 1/00 Commissioner District # Commissioner District # q imissi Tê District #0 Commissioner District # Co5nis oner District # Commissioner District # Commissioner District # Commissioner District # Commissioner Commissioner District # District # Resolution #08265 November 20, 2008 Moved by Middleton supported by Potts to suspend the rules and vote on MISCELLANEOUS RESOLUTION #08265 — BOARD OF COMMISSIONERS — SUPPORT FOR SENATE BILL 1390 — ALLOWING COUNTY REGISTERS OF DEEDS TO DETERMINE MORTGAGE FORECLOSURE REDEMPTION PAYMENTS. Vote on motion to suspend the rules: AYES: Crawford, Douglas, Gershenson, Gingell, Gosselin, Gregory, Greimel, Hatchett, Jacobsen, Kovvall, Long, Middleton, Nash, Potter, Potts, Scott, Spector, Zack, Bullard, Burns Clark, Coleman, Coulter. (23) NAYS: None. (0) A sufficient majority having voted in favor, the motion to suspend the rules and vote on MISCELLANEOUS RESOLUTION #08265 BOARD OF COMMISSIONERS —SUPPORT FOR SENATE BILL 1390 —ALLOWING COUNTY REGISTERS OF DEEDS TO DETERMINE MORTGAGE FORECLOSURE REDEMPTION PAYMENTS carried. Moved by Middleton supported by Potts the resolution be adopted. AYES: Crawford, Douglas, Gershenson. Gingell, Gosselin. Gregory, Greimel, Hatchett, Jacobsen, Kowall, Long, Middleton, Nash, Potter, Potts. Scott. Spector, Zack, Bullard, Burns Clark, Coleman, Coulter, (2) NAYS: None. (0) A sufficient majority having voted in favor, the resolution was adopted. DOES NOT REIRDE COUNTY EXECIITIR ACTION STATE OF MICHIGAN} COUNTY OF OAKLAND) I, Ruth Johnson. Clerk of the County of Oakland, do hereby certify that the foregoing resolution is a true and accurate copy of a resolution adopted by the Oakland County Board of Commissioners on November 20, 2008, with the original record thereof now remaining in my office. In Testimony Whereof, I have hereunto set my hand and affixed the seal of the County of Oakland at Pontiac, Michigan this 20th day of November, 2008 Ruth Johnson, County Clerk