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Advocacy
The MBA is the primary public voice of the banking industry in Michigan. We represent
the industry’s interests in the state legislatures, federal legislatures, courts,
regulatory arena, media and the general public. We work closely with our volunteer
committee members and the general membership to pursue policies that create a positive
business environment for our banks and promote strong communities in Michigan.
Foreclosure Reform Legislation Overview
The foreclosure reform package modifies the foreclosure by advertisement process in Michigan.
While we continue to oppose the legislation, it is important to recognize the tremendous improvement
over previous proposals that included such consequences as a flat two-year moratorium on all
foreclosures and mandatory involvement in the workout discussions by a third party such as OFIR,
the judicial system or a state mediator in each foreclosure transaction.
Click here to view more information.
Bills
The House and Senate Conference Committee reached an agreement on the foreclosure reform package.
Click here to view HB 4453, HB 4454 and HB 4455.
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2009 MiBankPAC Campaign
Begins!
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Contact Jordan Kingdon at jkingdon@mibankers.com for information on offering payroll deduction for your employees.
U.S. Representatives Gary Peters and Thaddeus McCotter Nominated to Serve on House Financial Services Committee
The MBA is pleased to announce that two of Michigan’s fifteen congressional members will be serving on the House Financial Services Committee under the leadership of
Chairman Barney Frank (D-MA). Congressman Gary Peters will serve as a majority member, a freshman democrat who was recently elected to represent the 9th Congressional
District this past fall. Congressman Thaddeus McCotter, a republican representing Michigan’s 12th district, will continue his membership on this committee. The MBA looks
forward to working with both congressmen in the upcoming legislative session. The Committee is expected to tackle economic recovery measures on banking, insurance, and real
estate in the 2009-2010 session.
"As a member of the financial services committee, I will be a strong voice for Michigan on efforts to revitalize our economy, help struggling homeowners and ensure the viability of our domestic auto industry," Congressman Peters said.
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MBA members from Southeast Michigan meet with Congressman-elect Gary Peters at Citizens in Troy.
Attending were (left to right) Gerald Wasen, First Michigan Bank; Mike Ross, Fidelity Bank; Cathy Nash,
Citizens Republic Bancorp; Jeffrey Sugg, Paramount Bank; Congressman Gary Peters; Raymond Biggs, Michigan
Heritage Bank, Rebecca Smith, Huntington Bank; Mike Tierney, Peoples State Bank. Also present but not in photo:
Matt Roslin, Flagstar Bank; Jordan Kingdon, MBA; and John Llewellyn, MBA.
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