The COVID Project
The record
- Jurisdiction
- United States (VA-guaranteed loans and VA REO)
- Level
- Federal
- Authority
- 38 U.S.C. ch. 37; 38 C.F.R. part 36
- Issued
- 2021-06-25 June 25, 2021
- Effective
- moratoriums through 2021-07-31 (read as 2021-07-31)
- End
- 2021-07-31 (foreclosure); evictions extended to Sept. 30, 2021 by Circular 26-21-14 (read as 2021-07-31)
- In force
- July 31, 2021 to July 31, 2021
- Quarters
- 2021 Q22021 Q3
2020 Q22020 Q32020 Q42021 Q12021 Q22021 Q3
- Limitation types
- Other
- Addressees
- VA servicers and borrowers
- Functions reached
- SV VA foreclosure and eviction functions suspended July 1-31, 2021; forbearance intake through Sept. 30, 2021
- ML
- Collection
- Federal commerce, travel, workplace and finance layer FED-B
Operative words
1. Purpose. The purpose of this Circular is to update servicers on how to assist borrowers [affected by COVID-19] regarding COVID-related forbearances and foreclosure and eviction moratoriums.... 4. Requesting COVID-Related Forbearance. For borrowers who have not received a [COVID-related forbearance, servicers should approve requests received through September 30, 2021]... 6. Moratoriums on Foreclosure and Eviction. Due to the ongoing COVID-19 national [emergency, properties secured by VA-guaranteed loans] are subject to moratoriums on foreclosures and evictions through July 31, 2021. The moratoriums include a prohibition on initiation and/or completion of such actions.
Enforcement
Notes
In force June 30 - July 31, 2021.