The web Browser you are currently using is unsupported, and some features of this site may not work as intended. Please update to a modern browser such as Chrome, Firefox or Edge to experience all features Michigan.gov has to offer.
If a debtor can access an online portal to review activity, can this be used to comply with the monthly statement and 90-day statement requirements?
The debtor can be provided the monthly and 90-day statements by having them access their account through a portal if they have agreed to receive documents electronically, however, the account activity must include the information in the format required. The debtor must be able to obtain all historical information for 6 years from the creation date. The account activity must include at a minimum, the month-end escrow balance and the cumulative totals as required for the 90-day statement.