For property owners in Michigan facing foreclosure, the prospect of being entitled to money can seem like a hard-to-believe reality. But the truth is, many property owners are not aware of a clear, yet under-utilized, statutory provision that could help some redeem their homes. As […]Read More
As reported by the Michigan Bankers Association, the Consumer Financial Protection Bureau (CFPB) issued a new “updated” mortgage rules readiness guide. The update attempts to simply the cumbersome regulations into guidelines including readiness charts and compliance aids to assist in interpreting existing mortgage regulations. The […]Read More
As reported by the Michigan Bankers Association (MBA), the new Michigan Right of Inspection law is the first of its kind in the country. The law addresses an occupant's responsibliity to the new purchaser after a foreclosure. The intent is to circumvent the damages and […]Read More
As reported in today's Governing magazine, a proposal has been floated in the legislature allowing students to attend college for free if they agree to pay a fixed percentage of future income for a number of years that would pay other students college bills. A […]Read More
The Consumer Financial Protection Bureau (CFPB) recently issued a bulletin, CFPB Bulletin 2013-12, to provide guidance in implementing some of the 2013 Real Estate Settlement Procedures Act (RESPA) and Truth in Lending Act (TILA) Servicing Final Rules. As the end of the year approaches, it […]Read More
Endowments have been in the news recently with respect to religious institutions invading the principal to sustain their ministries. So what is an endowment and in general, what rules need to be followed with respect to them? Endowments are permanent funds or assets—money, securities, or […]Read More
Michigan’s foreclosure bill package passed the Senate and House and will be presented to the Governor for signature in the days to come. The foreclosure bill package will likely be signed since the existing foreclosure prevention law sunsets on June 30, 2013. The bills are […]Read More
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, ___ Mich App___ Case No. 304682 (April 9, 2013), the Court on remand from the Michigan Supreme Court, rejected the […]Read More
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 duty, or deployed service members. It is intended to postpone or suspend certain civil obligations to enable service members to […]Read More
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 for an altered real estate appraisal, which resulted in a third party’s refusal to continue doing business with Plaintiffs. The […]Read More
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 the Michigan legislature. The Mortgage Modification law provides a 90-day time frame in which delinquent mortgage borrowers can work with […]Read More
The attorneys of Dalton & Tomich, PLC have the experience and the knowledge to work with you to develop a legal solution that helps accomplish your goals. Our collaborative approach has helped leaders like you grow businesses and banks, develop and expand churches, and build nonprofit organizations nationwide.
In my role as Administrative Bishop for the Church of God, quite often we are faced with issues that involve local governments and municipalities. Many of these issues that arise in dealing with entities are land use related. I have found Dalton & Tomich’s experience and expertise in this area to be a valuable resource and asset in every situation.
Never one time during a year-long litigation process did Dalton & Tomich demonstrate anything other than Christ-like professionalism. They managed the legal details, while we continued to do church. How they managed themselves, managed our case, and represented our church set the table for me and our church to be where we are today.
Dalton & Tomich’s expertise and experience helped us through a very difficult legal journey, ultimately achieving a favorable outcome. Their personal interest in helping us went “above and beyond” just the call of duty.