MI SB 35 Revises Fines and Penalties to Property Blight Violations

In December, Michigan Senate Bill 35 was enacted, revising civil fines and penalties relative to property blight violations.  Servicers are exempt from the additional sanctions under SB 35.

Link to SB 35

Please click here for an analysis as passed by the Senate.

About Safeguard 
Safeguard Properties is the largest mortgage field services company in the U.S. Founded in 1990 by Robert Klein and based in Valley View, Ohio, the company inspects and maintains defaulted and foreclosed properties for mortgage servicers, lenders,  and other financial institutions. Safeguard employs approximately 1,700 people, in addition to a network of thousands of contractors nationally. Website: www.safeguardproperties.com.