Circular 26-20-40

The record

Jurisdiction

United States (VA-guaranteed loans and VA REO)

Level

Federal

Authority

Executive Order 13945 § 2; 38 U.S.C. ch. 37

Issued

2020-12-28 Dec. 28, 2020

Effective

through 2021-02-28 (read as 2021-02-28)

End

2021-02-28 (extended by Circular 26-21-2) (read as 2021-02-28)

In force

Feb. 28, 2021 to Feb. 28, 2021

Quarters

2020 Q42021 Q1

2020 Q22020 Q32020 Q42021 Q12021 Q22021 Q3

Limitation types

Other

Addressees

• VA servicers; REO occupants

Functions reached

• SV
• ML
• PM

Collection

Federal commerce, travel, workplace and finance layer FED-B

Operative words

1. Background and Purpose. Under Executive Order 13945, Section 2, of August 8, 2020, it is the policy [of the United States to minimize residential evictions and foreclosures] during the ongoing COVID-19 national emergency. The purpose of this Circular is to extend foreclosure [and eviction relief]. 2. Moratorium on Foreclosure and Eviction.... [properties] secured by VA-guaranteed loans but currently in VA's REO portfolio, are subject to a moratorium on foreclosure and eviction through February 28, 2021. Except with respect to a vacant or abandoned property, the moratorium applies to the initiation of foreclosures, the completion of foreclosures in process, and [evictions]. 3. This Circular replaces the following Circulars: 26-20-18...; 26-20-22...; 26-20-23...; 26-20-29...

Enforcement

Notes