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 has priority over a later recorded lien to secure unpaid condominium dues, even though the mortgage was assigned after the […]Read More
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 agent to execute an acknowledgment of legal responsibilities before exercising authority under each individual durable power of attorney. The statute […]Read More
Congratulations to our client, Level One Bank for its acquistion of Oxford Bank. As reported in Crain's Detroit Business: Farmington Hills-based Level One Bancorp Inc. announced Thursday afternoon that it has entered into an agreement to buy the stock of Oxford Bank Corp. (OTCBB: OXBC), […]Read More
The Michigan Court of Appeals recently affirmed a decision by the Oakland County Circuit Court that a Plaintiff who defaulted on her mortgage, did not have standing to challenge the foreclosure proceedings after the redemption period expired. The Plaintiff in Sagmani v. Lending Associates LLC, […]Read More
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 rules and have the necessary documentation before you start a foreclosure proceeding. In Everbank v. Hikmat Zeer, the Court of […]Read More
Congratulations to client, Level One Bank, on being named one of the “Michigan 50 Companies to Watch”. The “Michigan 50 Companies to Watch” list is comprised of second-stage companies – those exhibiting exceptional entrepreneurial leadership and creative innovation while employing 6 to 99 full-time equivalent […]Read More
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 toll the six-month statutory right of redemption period. The Court of Appeals announced today its unpublished decision in Nadia Awad […]Read More
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 bust, according to the acting head of the Federal Deposit Insurance Corp. According to the article, sixteen banks have collapsed […]Read More
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 the ‘Next Wave’ in Crisis.” Additional press reports and financial reports of lending institutions affirm that church foreclosure is rising. […]Read More
On February 9, President Obama announced a $25 billion foreclosure settlement agreement between the federal government, 49 state attorneys general (all states but Oklahoma participated), and five of the country’s biggest mortgage lenders: Ally Bank (formerly GMAC), Bank of America, Citicorp, JPMorgan Chase and Wells […]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.