michigan mortgage lenders association

Steve Carmody/Michigan Radio

On Thursday, the Michigan Supreme Court will hear arguments in a case that could affect a large number of  home foreclosures.    

The Court of Appeals ruled that mortgage lenders should not have used a national industry agency to file the foreclosures. The lower court found the Mortgage Electronic Registration System, or MERS, had no standing to file the foreclosure paperwork.    

“Anytime you’re going to take the fast track on foreclosing and take another person’s property…you need to be able to do it correctly…and right ….and legitimately," sais Lorray Brown, an attorney with the Michigan Poverty Law Program.