A Surge of Collections and Bankruptcies in 2022?
Many of us who monitor the economy for signs of repayment distress were certain in early 2020 that the pandemic would result in a dramatic
Many of us who monitor the economy for signs of repayment distress were certain in early 2020 that the pandemic would result in a dramatic
Most if not all mortgage agreements contain a debt acceleration clause. That clause allows the bank to declare the entire balance due upon the
PPP loan recipients got some welcome relief on Friday when the Paycheck Protection Program Flexibility Act of 2020 was signed into law, extending the amount
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
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
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
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
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
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
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,
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