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  2. Bill McMachen of Michigan Buys Hundreds of Foreclosed ... - AOL

    www.aol.com/news/2012-08-03-bill-mcmachen...

    For around $4.7 million, you might be able to snag one gleaming, top-of-the-line luxury home in a top market. In Michigan's Macomb County, though, it bought one man 627 homes. Bill McMachen, who ...

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

    www.aol.com/news/michigans-top-court-gives-big...

    DETROIT (AP) — 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 ...

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

    www.aol.com/michigan-supreme-court-weighs-tax...

    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. Bank walkaway - Wikipedia

    en.wikipedia.org/wiki/Bank_walkaway

    The GAO found that in the period January 2008 to March 2010, mortgage servicers charged off 46,000 properties, with 60 percent of the charge-offs occurring before an initial foreclosure filing was made. In this period, Detroit, Michigan had the highest number of bank walkaways, with Chicago, Illinois being second.

  6. Detroit bankruptcy - Wikipedia

    en.wikipedia.org/wiki/Detroit_bankruptcy

    Details from the Detroit bankruptcy filing. The city of Detroit, Michigan, filed for Chapter 9 bankruptcy on July 18, 2013. It is the largest municipal bankruptcy filing in U.S. history by debt, estimated at $18–20 billion, exceeding Jefferson County, Alabama's $4-billion filing in 2011. [1]

  7. National Register of Historic Places listings in Wayne County ...

    en.wikipedia.org/wiki/National_Register_of...

    The majority of NRHP properties in Wayne County are in Detroit. These properties represent over a century's worth of the city's growth, from the Charles Trowbridge House (built in 1826, and the oldest known structure in the city) to structures in the Detroit Financial District built in the late 1950s and early 1960s.

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