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Michigan

These resources – like the public health crisis itself – are constantly evolving and are only current as to the date of publication. This page was last updated on June 22, 2020.

For more up-to-date information on the relief programs available in Michigan, we recommend that you visit the state’s COVID-19 Resources website or the Michigan Economic Development Corporation

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Description of Program and Relief

MiMortgage Relief Partnership

Description of Program and Relief

Gov. Whitmer has partnered with the Department of Insurance and Financial Services (DIFS) on MiMortgage Relief Partnership, whereby participating financial institutions have agreed that they will continue to work with their impacted residential mortgage loan borrowers in at least the following ways:

  • Providing affected borrowers with a 90-day grace period for all mortgage payments.

  • Providing relief from mortgage-related late fees and charges for 90 days.

  • Foregoing new foreclosures for 60 days.

  • Refraining from reporting adverse credit scoring information based upon the borrower’s accessing relief.

  • Working with borrowers on their specific needs or concerns.

Government or Lead Agency

Governor of Michigan; Department of Insurance and Financial Services

Dates Available

N/A

Eligibility Requirements/Restrictions

Customers of one of the participating financial institutions listed here.

Application Deadlines (If Applicable)

N/A

Contact for More Information

DIFS: 877-999-6442; DIFScomplaints@michigan.gov

List of Additional Information

For more information, please visit here or here.

Please visit here for a list of financial institutions participating in MiMortgage Relief Partnership.


© 2021 Paul, Weiss, Rifkind, Wharton & Garrison LLP. This does not constitute legal advice and does not create an attorney-client relationship. In some jurisdictions, this publication may be considered attorney advertising. Past representations are no guarantee of future outcomes.

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