{"id":"FED-370","kind":"order","level":"federal","jurisdiction":"United States (VA-guaranteed home loans)","state":"","metro":"","industry":"","agency":"","eco":"","issuer":"VA, Loan Guaranty Service","authority":"CARES Act § 4022(c)(2); 38 U.S.C. ch. 37","instrument":"Circular 26-20-18","title":"Extended Foreclosure Moratorium for Borrowers Affected by COVID-19 (through June 30, 2020)","dateIssued":"2020-05-15","effective":"through 2020-06-30","end":"2020-06-30 (extended by Circular 26-20-22); rescinded Apr. 1, 2021","startDate":"2020-06-30","endDate":"2020-06-30","quarters":["2020Q2"],"types":["OTHER"],"addressees":["VA servicers"],"clause":"2. Moratorium on Foreclosure. The CARES Act prohibited loan servicers from initiating any [foreclosure process for 60 days from March 18, 2020]... properties secured by VA-guaranteed loans are subject to a moratorium on foreclosure through June 30, 2020. The moratorium applies to the initiation of foreclosures, and to the completion [of foreclosures in process].","enforcement":"VA program requirements","functions":["SV","ML"],"notes":"","sourceUrl":"https://www.benefits.va.gov/HOMELOANS/documents/circulars/26_20_18.pdf","snapshot":"","fileExists":true,"fileBytes":117065,"grade":"primary","character":"","description":"","collection":"FED-B","url":"/library/FED-370","exhibitUrl":"/exhibit/FED-370","citation":"VA, Loan Guaranty Service, Circular 26-20-18 (May 15, 2020) (Ex. FED-370)","stateName":"","related":["FED-347","FED-368","FED-371","FED-372","FED-369"]}