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Eaton County treasurer warns foreclosures fund may face multimillion‑dollar exposures if Supreme Court alters proceeds rule

Eaton County Board of Commissioners · December 18, 2025

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Summary

Treasurer Darris Reynett told the board that Eaton County’s foreclosure fund holds about $2 million and that pre‑Raphael claims (2016–2019) total an estimated $1.3 million; she warned a pending U.S. Supreme Court decision in Peng v. Isabelle County could change how proceeds are calculated and potentially increase liabilities significantly.

Eaton County Treasurer Darris Reynett updated commissioners Dec. 17 on foreclosure proceeds and legal risks tied to recent and pending court decisions.

Reynett said the foreclosure fund currently holds approximately $2 million and that estimated pre‑Raphael claims…

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