Insider Intelligence

Governor Gretchen Whitmer and the Department of Insurance and Financial Services announced the creation of the MiMortgage Relief Partnership with financial institutions in the state. Participating institutions will offer mortgage-payment forbearance for 90 days, allowing borrowers to reduce or delay their monthly mortgage payment. Additionally, they will waive or refund mortgage-related late fees for at […]

Michigan Attorney General Dana Nessel joined a bipartisan group of 21 Attorneys General to urge congress to pass legislation that allows legal marijuana businesses to access the federal banking system. Under existing law, financial institutions are prohibited from providing banking services to marijuana business in the states that have legalized medical or recreational marijuana. As […]