On November 30, 2017, Wisconsin 2017 Assembly Bill 253 was enacted which repeals, amends, and creates several provisions of Wisconsin’s laws concerning sheriff’s sales of foreclosed property (see https://docs.legis.wisconsin.gov/2017/related/acts/104). Among the provisions are the repeal of the clause in Wis. Stat. Ann. § 846.16(1)(a) which stipulates the order of distribution of proceeds after a foreclosure sale – which order is roughly outlined in FNMA Form 3050, § 22.
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