A recent Michigan Court of Appeals opinion has caught the attention of lenders and developers alike. In Wells Fargo Bank NA v. Cherryland Mall Limited,
The Service Members Civil Relief Act (SCRA), recently expanded, is a federal law that provides protections for military members entering into service, called to active
A recent Michigan Court of the Appeals case, Xpress Apraisal Group, Inc v. Flagstar Bank, (unpublished February 14, 2013), found a Bank was not liable
The Michigan Mortgage Modification law, MCL 600.3205a to 600.3205d, which was set to sunset on December 31, 2012 was renewed for six more months by
A recent decision by the Michigan Court of Appeals provided some relief to the financial services industry by holding that a first mortgage of record
Recent changes to Michigan’s Power of Attorney laws, require a Durable Power of Attorney drafted after October 1, 2012, to have the designated attorney or
A recent decision from the Michigan Court of Appeals makes one thing clear for all financial institutions initiating foreclosure proceedings: Make sure you follow the
The Michigan Court of Appeals has held that, after foreclosure proceedings and a sheriff’s sale, filing suit against a mortgage company does not serve to
American Banker recently reported that the pace of bank failures will slow considerably this year as the industry continues to recover from the real estate
The Wall Street Journal recently sounded the alarm of the rise in foreclosures of religious entity’s buildings it a story captioned “Church Foreclosures seen as
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