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Insights

Insights / 3 March 2020

Bankruptcy Brief: The Creditor/Debtor Relationship

Take a glimpse into the creditor/debtor relationship and what happens when the debtor fails to meet his or her repayment obligations.
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Insights / 28 February 2020

New Data Predicts an Influx of Foreclosures

The newly released report, 2020 Default Servicing Industry Insights, published by Auction.com, surveyed some of the nation's largest bank and nonbank default servicing clients. In the report, experts weighed in on their foreclosure and real estate owned property outlook for this year.
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Insights / 24 February 2020

Avoid the Mines: Considerations for Your Tax Lien Portfolio and the Complexities of Judicial Foreclosure

Shareholder and real estate development chair Ben Hoen shares insights into the complicated process of judicial foreclosure and what it can mean for your tax lien portfolio.
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Insights / 30 January 2020

A Decade of Extremes: How the Real Estate Market Has Changed Over the Last 10 Years

The boom and bust cycle from the past decade will be remembered as a time of slow, but steady, repair in the real estate market.
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Insights / 16 January 2020

Mortgage Holders Should Protect Vacant Properties (and Themselves)

What liability might a lender have to the borrower if the property deteriorates or is vandalized after the lender has secured it?
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Insights / 10 January 2020

On My 40th Work Anniversary with Weltman, Weinberg & Reis

Shareholder Larry Rothenberg shares some history and thoughts after 40 years with the firm.
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Insights / 19 December 2019

SAFE Banking Act Could Give Safe Harbor to Banks Serving the Cannabis Industry

The SAFE Banking Act is an attempt to reactivate the protections of the Cole Memorandum of 2013. The fate of H.R. 1595 would have significant implications for some geographic areas.
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Insights / 22 November 2019

Understanding The Bank Secrecy Act

If you work at a credit union or financial institution, you're no stranger to The Bank Secrecy Act (BSA). But, do you understand the importance of adhering to the legislation and the consequences of failing to do so? Congress passed the Bank Secrecy Act in 1970 as an attempt to detect and fight money laundering.
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Insights / 9 October 2019

Potential for Increased Dividends Based on Recent Appellate Decision

A recent appellate decision handed down by the United States District Court in the Eastern District of Michigan provides some good news for unsecured creditors seeking larger dividends in Chapter 13 cases.
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Insights / 7 October 2019

Pros and Cons of Utilizing a Power of Attorney

A power of attorney (POA) is a legal designation of which allows someone (as an attorney-in-fact/agent) to act for and on behalf of another person (the principal). It's important to understand both the advantages and disadvantages of utilizing a POA.
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