Recovering a Mortgage Deficiency Balance in Michigan

By Daniel E. Best, Partner In a published decision on February 20, 2013, the Michigan Court of Appeals clarified what can be included in a deficiency after foreclosure of a mortgage. In the case of Citizens v. Boggs, the Michigan Court of Appeals reviewed a mortgage deficiency action that sought recovery of strictly insurance premiums…

Five Things That Will be Gone in Ten Years

By Shari Storm Two years ago, I attended the CUES CEO Institute at Wharton School of Business. One of the most impressive speakers was a man from Vongola Consulting named Rob-Jan de Jong. He talked to us about a concept called ‘future priming’. Basically, it is the idea that the leaders of your credit union…