Protests Against Foreclosure Bill in Lansing

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"Who will join the bankers in bed?"

That sign along with this bed was outside the Anderson office building today.

It’s a protest of the bill to change Michigan’s foreclosure laws, which would shorten the redemption period from six months to 60 days.

Critics think it will only help the banks because 60 days is not enough time for homeowners to modify their loans, or sell their homes.

Supporters say it will *add* more time for homeowners to modify their loans *before* they go into foreclosure.

It also could help get blighted homes off the market faster by spurring home sales.