Michigan passed a bill amending the content of the notice of foreclosure by advertisement (Notice). Under the bill, a lender or servicer must now include in the Notice the street address of the property, the contact information of the foreclosing attorney; and a “Notice of foreclosure by advertisement” statement (Michigan has mandated the exact language to be used).
The Notice must also include a statement directed to active duty military service members if the foreclosure involves a residential mortgage (Michigan has mandated the exact language to be used).
The bill becomes effective January 11, 2020.
See Michigan Legislative website for the full text of the Statutes:
http://www.legislature.mi.gov/documents/2019-2020/publicact/pdf/2019-PA-0142.pdf
