,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #fgda  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,may #h1 #bjbj,mr4    
,clay 7= himself1 ,ms4 ,wat]s1 ,mr4     
,lawson ( ,florida1 ,ms4 ,norton1 ,mr4  
,gre5 ( ,texas1 ,mr4 ,lyn*1 ,mr4 ,g>ca (
 ,ill9ois1 ,mr4 ,smi? ( ,wa%+ton1 ,mrs4 
,hayes1 ,mr4 ,khanna1 ,mr4 ,br[n (      
,m>yl&1 ,miss ,rice ( ,new ,york1 ,mr4  
,ha/+s1 ,mr4 ,espaillat1 ,mr4 ,%]man1   
,mr4 ,c>son ( ,indiana1 ,mr4 ,sires1    
,ms4 ,s*ak[sky1 ,mr4 ,meeks1 ,mr4       
,higg9s ( ,new ,york1 ,mr4 ,coh51 ,ms4  
,roybal-,all>d1 ,ms4 ,judy ,*u (        
,cali=nia1 ,mr4 ,soto1 & ,ms4 ,gabb>d7  
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,f9ancial ,s]vices1 & 9
 addition to ! ,committee on !          
,judici>y1 = a p]iod to be subsequ5tly  
det]m9$ by ! ,speak]1 9 ea* case =      
consid]ation ( su* provisions z fall )9 
! jurisdiction ( ! committee conc]n$  ,a
 ,,bill  ,to am5d ! ,,c>es ,act to      
provide =be>ance & =eclosure moratoriums
 = all mortgage loans1 & = o!r purposes4

  #a4 ,mortgage relief  7a7 ,%ort title 
,?is section may be cit$ z ! ,,covid-#ai
 ,mortgage ,relief ,act4  7b7 ,mortgage 
relief  7#a7 ,=be>ance & =eclosure      
moratorium = cov]$ mortgage loans       
,section #djbb ( ! ,,c>es ,act 7#ae     
,u4,s4,c4 #ijef7 is am5d$-- 7,a7 by     
/rik+ ,f$]ally back$ mortgage loan ea*  
place su* t]m appe>s & ins]t+ cov]$     
mortgage loan2 &  7,b7 9 subsection     
7a7-- 7i7 by am5d+ p>agraph 7#b7 to read
 z foll[s3  7#b7 ,cov]$ mortgage loan ,!
 t]m cov]$ mortgage loan means any cr$it
 transaction t is secur$ by a mortgage1 
de$ ( tru/1 or o!r equival5t cons5sual  
security int]e/ on a #a- to #d-unit     
dwell+ or on resid5tial real prop]ty t  
includes a #a- to #d-unit dwell+1 except
 t x %all n include a cr$it transaction 
"u an op5 end cr$it plan o!r ?an a      
rev]se mortgage4  2 &  7ii7 by add+ at !
 end ! foll[+3  7#c7 ,cov]$ p]iod ,)    
respect to a loan1 ! t]m cov]$ p]iod    
means ! p]iod beg9n+ on ! date (        
enactm5t ( ?is ,act & end+ #ab mon?s    

aft] su* date ( enactm5t4  4  7#b7      
,automatic =be>ance = del9qu5t borr[]s  
,section #djbb7;c7 ( ! ,,c>es ,act 7#ae 
,u4,s4,c4 #ijef7;c771 z am5d$ by        
p>agraph 7#e7 ( ?is subsection1 is fur!r
 am5d$ by add+ at ! end ! foll[+3  7#i7 
,automatic =be>ance = del9qu5t borr[]s  
7,a7 ,9 g5]al ,not)/&+ any o!r law      
gov]n+ =be>ance relief-- 7i7 any borr[] 
^: cov]$ mortgage loan became #fj days  
del9qu5t betwe5 ,m>* #ac1 #bjbj1 & !    
date ( enactm5t ( ?is p>agraph1 & :o has
 n already receiv$ a =be>ance "u        
subsection 7b71 %all automatically be   
grant$ a #fj-;day =be>ance t beg9s on ! 
date ( enactm5t ( ?is p>agraph1 provid$ 
t a borr[] %all n be consid]$ del9qu5t =
 purposes ( ?is p>agraph :ile mak+      
timely paym5ts or o!rwise p]=m+ "u a    
trial modification or o!r loss          
mitigation agreem5t2 &  7ii7 any borr[] 
^: cov]$ mortgage loan becomes #fj days 
del9qu5t betwe5 ! date ( enactm5t ( ?is 
p>agraph & ! end ( ! cov]$ p]iod1 & :o  
has n already receiv$ a =be>ance "u     

subsection 7b71 %all automatically be   
grant$ a #fj-;day =be>ance t beg9s on ! 
#fj? day ( del9qu5cy1 provid$ t a borr[]
 %all n be consid]$ del9qu5t = purposes 
( ?is p>agraph :ile mak+ timely paym5ts 
or o!rwise p]=m+ "u a trial modification
 or o!r loss mitigation agreem5t4  7,b7 
,initial ext5sion ,an automatic =be>ance
 provid$ "u subp>agraph 7,a7 %all be    
ext5d$ = up to an additional #abj days  
^u ! borr[]'s reque/1 oral or writt51   
submitt$ to ! borr[]'s s]vic] affirm+ t 
! borr[] is exp]i5c+ a f9ancial h>d%ip t
 prev5ts ! borr[] f mak+ timely paym5ts 
on ! cov]$ mortgage loan due1 directly  
or indirectly1 to ! ,,covid-#ai em]g5cy4
  7,c7 ,subsequ5t ext5sion ,a =be>ance  
ext5d$ "u subp>agraph 7,b7 %all be      
ext5d$ = up to an additional #ahj days1 
up to a maximum ( #cfj days 7includ+ !  
p]iod ( automatic =be>ance71 ^u !       
borr[]'s reque/1 oral or writt51        
submitt$ to ! borr[]'s s]vic] affirm+ t 
! borr[] is exp]i5c+ a f9ancial h>d%ip t
 prev5ts ! borr[] f mak+ timely paym5ts 

on ! cov]$ mortgage loan due1 directly  
or indirectly1 to ! ,,covid-#ai em]g5cy4
  7,d7 ,"r to elect to cont9ue mak+     
paym5ts ,) respect to a =be>ance provid$
 "u ?is p>agraph1 ! borr[] ( su* loan   
may elect to cont9ue mak+ regul> paym5ts
 on ! loan4 ,a borr[] :o makes su*      
election %all be (f]$ a loss mitigation 
option pursuant to subsection 7d7 )9 #cj
 days ( resum+ regul> paym5ts to address
 any paym5t defici5cy dur+ ! =be>ance4  
7,e7 ,"r to %ort5 =be>ance ,at a        
borr[]'s reque/1 any p]iod ( =be>ance   
provid$ "u ?is p>agraph may be %ort5$4  
,a borr[] :o makes su* a reque/ %all be 
(f]$ a loss mitigation option pursuant  
to subsection 7d7 )9 #cj days ( resum+  
regul> paym5ts to address any paym5t    
defici5cy dur+ ! =be>ance4  7#aj7       
,automatic =be>ance = c]ta9 rev]se      
mortgage loans  7,a7 ,9 g5]al ,:5 any   
cov]$ mortgage loan :i* is also a       
f$]ally insur$ rev]se mortgage loan1    
dur+ ! cov]$ p]iod1 is due & payable due
 to ! dea? ( ! la/ borr[] or end ( a    

def]ral p]iod or eligible to be call$   
due & payable due to a prop]ty *>ge     
default1 or if ! borr[] defaults on a   
prop]ty *>ge repaym5t plan1 or if !     
borr[] defaults = failure to complete   
prop]ty repairs1 or if an obligation ( !
 borr[] "u ! ,security ,in/rum5t is n   
p]=m$1 ! mortgagee automatically %all be
 grant$ a six-mon? ext5sion (-- 7i7 !   
mortgagee's deadl9e to reque/ due &     
payable /atus f ! ,dep>tm5t ( ,h\s+ &   
,urban ,developm5t2  7ii7 ! mortgage's  
deadl9e to s5d notification to !        
mortgagor or 8 or h] heirs t ! loan is  
due & payable2  7iii7 ! deadl9e to      
initiate =eclosure2  7iv7 any reasonable
 dilig5ce p]iod relat$ to =eclosure or !
 ,mortgagee ,optional ,election2  7v7 if
 applicable1 ! deadl9e to obta9 ! due & 
payable appraisal2 &  7vi7 any claim    
submission deadl9e1 includ+ ! #f-mon?   
acquir$ prop]ty m>ket+ p]iod4  7,b7     
,=be>ance p]iod ,! mortgagee %all n     
reque/ due & payable /atus f ! ,secret>y
 ( ,h\s+ & ,urban ,developm5t nor       

initiate =eclosure dur+ ?is six-mon?    
p]iod describ$ "u subp>agraph 7,a71 :i* 
%all be consid]$ a =be>ance p]iod4  7,c7
 ,ext5sion ,a =be>ance provid$ "u       
subp>agraph 7,b7 & relat$ deadl9e       
ext5sion au?oriz$ "u subp>agraph 7,a7   
%all be ext5d$ = an additional #ahj days
 ^u-- 7i7 ! borr[]'s reque/1 oral or    
writt51 submitt$ to ! borr[]'s s]vic]   
affirm+ t ! borr[] is exp]i5c+ a        
f9ancial h>d%ip t prev5ts ! borr[] f    
mak+ paym5ts on prop]ty *>ges1 complet+ 
prop]ty repairs1 or p]=m+ an obligation 
( ! borr[] "u ! ,security ,in/rum5t due1
 directly or indirectly1 to !           
,,covid-#ai em]g5cy2  7ii7 a non-borr[+ 
sp\se's reque/1 oral or writt51 submitt$
 to ! s]vic] affirm+ t ! non-borr[+     
sp\se has be5 unable to satisfy all     
crit]ia = ! ,mortgagee ,optional        
,election program due1 directly or      
indirectly1 to ! ,,covid-#ai em]g5cy1 or
 to p]=m all actions necess>y to become 
an eligible non-borr[+ sp\se foll[+ !   
dea? ( all borr[]s2 or  7iii7 a         

successor-9-int]e/ ( ! borr[]'s reque/1 
oral or writt51 submitt$ to ! s]vic]    
affirm+ ! heir's difficulty satisfy+ !  
rev]se mortgage loan due1 directly or   
indirectly1 to ! ,,covid-#ai em]g5cy4   
7,d7 ,curtailm5t ( deb5ture int]e/ ,:]e 
any cov]$ mortgage loan :i* is also a   
f$]ally insur$ rev]se mortgage loan is 9
 default dur+ ! cov]$ p]iod & subject to
 a prior ev5t :i* provides = curtailm5t 
( deb5ture int]e/ 9 connection ) a claim
 = insurance b5efits1 ! curtailm5t (    
deb5ture int]e/ %all be susp5d$ dur+ any
 =be>ance p]iod provid$ h]e94  4  7#c7  
,additional ,=eclosure & repossession   
protections ,section #djbb7;c7 ( !      
,,c>es ,act 7#ae ,u4,s4,c4 #ijef7;c77 is
 am5d$-- 7,a7 9 p>agraph 7#b71 by /rik+ 
may n initiate any judicial or          
non-judicial =eclosure process1 move = a
 =eclosure judgm5t or ord] ( sale1 or   
execute a =eclosure-relat$ eviction or  
=eclosure sale = n less ?an ! #fj-;day  
p]iod beg9n+ on ,m>* #ah1 #bjbj & ins]t+
 may n initiate or proce$ ) any judicial

 or non-judicial =eclosure process1     
s*$ule a =eclosure sale1 move = a       
=eclosure judgm5t or ord] ( sale1       
execute a =eclosure relat$ eviction or  
=eclosure sale = six mon?s aft] ! date (
 enactm5t ( ! ,,covid-#ai ,,h]o ,act2 & 
7,b7 by add+ at ! end ! foll[+3  7#c7   
,repossession moratorium ,9 ! case (    
p]sonal prop]ty1 includ+ any            
recreational or motor vehicle1 us$ z a  
dwell+1 no p]son may use any judicial or
 non-judicial proc$ure to repossess or  
o!rwise take possession ( su* prop]ty = 
six mon?s aft] date ( enactm5t ( ?is    
p>agraph4  4  7#d7 ,mortgage =be>ance   
re=ms ,section #djbb ( ! ,,c>es ,act    
7#ae ,u4,s4,c4 #ijef7 is am5d$-- 7,a7 9 
subsection 7b71 by /rik+ p>agraphs 7#a71
 7#b71 & 7#c7 & ins]t+ ! foll[+3  7#a7  
,9 g5]al ,dur+ ! cov]$ p]iod1 a borr[] )
 a cov]$ mortgage loan :o has n obta9$  
automatic =be>ance pursuant to ?is      
section & :o is exp]i5c+ a f9ancial     
h>d%ip t prev5ts ! borr[] f mak+ timely 
paym5ts on ! cov]$ mortgage loan due1   

directly or indirectly1 to ! ,,covid-#ai
 em]g5cy may reque/ =be>ance on ! loan1 
reg>dless ( del9qu5cy /atus1 by-- 7,a7  
submitt+ a reque/1 orally or 9 writ+1 to
 ! s]vic] ( ! loan2 &  7,b7 affirm+ t ! 
borr[] is exp]i5c+ a f9ancial h>d%ip t  
prev5ts ! borr[] f mak+ timely paym5ts  
on ! cov]$ mortgage loan due1 directly  
or indirectly1 to ! ,,covid-#ai em]g5cy4
  7#b7 ,duration ( =be>ance  7,a7 ,9    
g5]al ,^u a reque/ by a borr[] to a     
s]vic] = =be>ance "u p>agraph 7#a71 su* 
=be>ance %all be grant$ by ! s]vic] = ! 
p]iod reque/$ by ! borr[]1 up to an     
initial l5g? ( #ahj days1 ! l5g? ( :i*  
%all be ext5d$ by ! s]vic]1 at ! reque/ 
( ! borr[] = ! p]iod or p]iods reque/$1 
= a total =be>ance p]iod ( up to #ab    
mon?s4  7,b7 ,m9imum =be>ance am\nts ,= 
purposes ( grant+ a =be>ance "u ?is     
p>agraph1 a s]vic] may grant an initial 
=be>ance ) a t]m ( n less ?an #ij days1 
provid$ t x is automatically ext5d$ = an
 additional #ij days unless ! s]vic]    
confirms ! borr[] does n want to r5ew ! 

=be>ance or t ! borr[] is no long]      
exp]i5c+ a f9ancial h>d%ip t prev5ts !  
borr[] f mak+ timely mortgage paym5ts   
due1 directly or indirectly1 to !       
,,covid-#ai em]g5cy4  7,c7 ,"r to %ort5 
=be>ance ,at a borr[]'s reque/1 any     
p]iod ( =be>ance describ$ "u ?is        
p>agraph may be %ort5$4 ,a borr[] :o    
makes su* a reque/ %all be (f]$ a loss  
mitigation option pursuant to subsection
 7d7 )9 #cj days ( resum+ regul> paym5ts
 to address any paym5t defici5cy dur+ ! 
=be>ance4  7#c7 ,accrual ( int]e/ or    
fees ,a s]vic] %all n *>ge a borr[] any 
fees1 p5alties1 or int]e/ 7beyond !     
am\nts s*$ul$ or calculat$ z if ! borr[]
 made all contractual paym5ts on "t & 9 
full "u ! t]ms ( ! mortgage contract7 9 
connection ) a =be>ance1 provid$ t a    
s]vic] may (f] ! borr[] a modification  
option at ! end ( a =be>ance p]iod      
grant$ h]eund] t includes !             
capitalization ( pa/ due pr9cipal &     
int]e/ & escr[ paym5ts z long z !       
borr[]'s pr9cipal & int]e/ paym5t "u su*

 modification rema9s at or bel[ !       
contractual pr9cipal & int]e/ paym5ts   
ow$ "u ! t]ms ( ! mortgage contract be=e
 su* =be>ance p]iod except z ! result ( 
a *ange 9 ! index ( an adju/able rate   
mortgage4  7#d7 ,communication ) s]vic]s
 ,any communication betwe5 a borr[] & a 
s]vic] describ$ "u ?is section may be   
made 9 writ+ or orally1 at ! borr[]'s   
*oice4  7#e7 ,communication ) borr[]s ) 
a disability ,^u reque/ f a borr[]1     
s]vic]s %all communicate ) borr[]s :o h 
a disability 9 ! borr[]'s pref]r$ me?od 
( communication4 ,= purposes ( ?is      
p>agraph1 ! t]m disability has ! mean+  
giv5 t t]m 9 ! ,fair ,h\s+ ,act1 !      
,am]icans ) ,disabilities ,act ( #aiij1 
or ! ,rehabilitation ,act ( #aigc4  2 & 
7,b7 9 subsection 7c71 by am5d+ p>agraph
 7#a7 to read z foll[s3  7#a7 ,no       
docum5tation requir$ ,a s]vic] ( a cov]$
 mortgage loan %all n require any       
docum5tation ) respect to a =be>ance "u 
?is section o!r ?an ! borr[]'s          
affirmation 7oral or writt57 to a       

f9ancial h>d%ip t prev5ts ! borr[] f    
mak+ timely paym5ts on ! cov]$ mortgage 
loan due1 directly or indirectly1 to !  
,,covid-#ai em]g5cy4 ,an oral reque/ =  
=be>ance & oral affirmation ( h>d%ip by 
! borr[] %all be suffici5t = ! borr[] to
 obta9 or ext5d a =be>ance4  4  7#e7    
,o!r s]vic] requirem5ts dur+ =be>ance   
,section #djbb7;c7 ( ! ,,c>es ,act 7#ae 
,u4,s4,c4 #ijef7;c771 z am5d$ by        
p>agraph 7#c7 ( ?is subsection1 is fur!r
 am5d$ by add+ at ! end ! foll[+3  7#d7 
,=be>ance t]ms notice ,)9 #cj days ( a  
s]vic] ( a cov]$ mortgage loan provid+  
=be>ance to a borr[] "u subsection 7b7  
or p>agraph 7#i7 or 7#aj71 or #aj days  
if ! =be>ance is = a t]m ( less ?an #fj 
days1 b only :]e ! =be>ance 0 provid$ 9 
response to a borr[]'s reque/ = =be>ance
 or :5 an automatic =be>ance 0 initially
 provid$ "u p>agraph 7#i7 or 7#aj71 & n 
:5 an exi/+ =be>ance is automatically   
ext5d$1 ! s]vic] %all provide ! borr[] )
 a notice 9 accordance ) ! t]ms 9       
p>agraph 7#e74  7#e7 ,cont5ts ( notice  

,! writt5 notice requir$ "u p>agraph    
7#d7 %all /ate 9 pla9 language-- 7,a7 ! 
specific t]ms ( ! =be>ance2  7,b7 !     
beg9n+ & end+ dates ( ! =be>ance2  7,c7 
t ! borr[] is eligible = up to #ab mon?s
 ( =be>ance2  7,d7 t ! borr[] may reque/
 an ext5sion ( ! =be>ance unless !      
borr[] w h rea*$ ! maximum p]iod at !   
end ( ! =be>ance2  7,e7 t ! borr[] may  
reque/ t ! initial or ext5d$ p]iod be   
%ort5$ at any "t2  7,f7 t ! borr[] %\ld 
contact ! s]vic] be=e ! end ( ! =be>ance
 p]iod2  7,g7 a description ( ! loss    
mitigation options t may be available to
 ! borr[] at ! end ( ! =be>ance p]iod   
bas$ on ! borr[]'s specific loan2  7,h7 
in=mation on h[ to f9d a h\s+ c\nsel+   
ag5cy approv$ by ! ,dep>tm5t ( ,h\s+ &  
,urban ,developm5t2  7,i7 9 ! case ( a  
=be>ance provid$ pursuant to p>agraph   
7#i7 or 7#aj71 t ! =be>ance 0           
automatically provid$ & h[ to contact ! 
s]vic] to make arrangem5ts = fur!r      
assi/ance1 includ+ any r5ewal2 &  7,j7  
:]e applicable1 t ! =be>ance is subject 

to an automatic ext5sion includ+ ! t]ms 
( any su* automatic ext5sions & :5 any  
fur!r ext5sion w\ld require a borr[]    
reque/4  7#f7 ,treatm5t ( escr[ acc\nts 
,dur+ any =be>ance provid$ "u ?is       
section1 a s]vic] %all pay or advance   
funds to make disbursem5ts 9 a timely   
mann] f any escr[ acc\nt e/abli%$ on !  
cov]$ mortgage loan4  7#g7 ,notification
 = borr[]s ,dur+ ! p]iod t beg9s #ij    
days aft] ! date ( ! enactm5t ( ?is     
p>agraph & ends at ! end ( ! cov]$      
p]iod1 ea* s]vic] ( a cov]$ mortgage    
loan %all be requir$ to-- 7,a7 make     
available 9 a cle> & conspicu\s mann] on
 _! web page accurate in=mation1 9      
,engli% & ,spani%1 = borr[]s reg>d+ !   
availability ( =be>ance z provid$ "u    
subsection 7b72 &  7,b7 notify e borr[] 
^: paym5ts on a cov]$ mortgage loan are 
del9qu5t 9 any oral communication ) or  
to ! borr[] t ! borr[] may be eligible  
to reque/ =be>ance z provid$ "u         
subsection 7b71 except t su* notice %all
 n be requir$ if ! borr[] already has   

reque/$ =be>ance "u subsection 7b74     
7#h7 ,c]ta9 treatm5t "u ,,respa ,z long 
z a borr[]'s paym5t on a cov]$ mortgage 
loan 0 n m ?an #cj days del9qu5t on ,m>*
 #ac1 #bjbj1 a s]vic] may n deem !      
borr[] z del9qu5t :ile a =be>ance grant$
 "u subsection 7b7 is 9 effect =        
purposes ( ! application ( sections #f &
 #aj ( ! ,real ,e/ate ,settlem5t        
,proc$ures ,act & any applicable        
regulations4  4  7#f7 ,po/-=be>ance loss
 mitigation  7,a7 ,am5dm5t to ,,c>es    
,act ,section #djbb ( ! ,,c>es ,act 7#ae
 ,u4,s4,c4 #ijef7 is am5d$ by add+ at ! 
end ! foll[+3  7d7 ,po/-,=be>ance loss  
mitigation  7#a7 ,notice ( availability 
( additional =be>ance ,) respect to any 
cov]$ mortgage loan z to :i* =be>ance "u
 ?is section has be5 grant$ & n o!rwise 
ext5d$1 includ+ by automatic ext5sion1 a
 s]vic] %all1 no lat] ?an #cj days be=e 
! end ( ! =be>ance p]iod1 9 writ+1      
notify ! borr[] t additional =be>ance   
may be available & h[ to reque/ su*     
=be>ance1 except t no su* notice is     

requir$ :]e ! borr[] already has reque/$
 an ext5sion ( ! =be>ance p]iod1 is     
subject to automatic ext5sion pursuant  
to subsection 7b77#b77;,b71 or no       
additional =be>ance is available4  7#b7 
,loss mitigation (f] be=e expiration (  
=be>ance ,no lat] ?an #cj days be=e !   
end ( any =be>ance p]iod t has n be5    
ext5d$ or #cj days aft] a reque/ by a   
consum] to t]m9ate ! =be>ance1 :i* "t   
%all be be=e ! s]vic] initiates or      
engages 9 any =eclosure activity li/$ 9 
subsection 7c77#b71 includ+ incurr+ or  
*>g+ to a borr[] any fees or corporate  
advances relat$ to a =eclosure1 ! s]vic]
 %all1 9 writ+-- 7,a7 (f] ! borr[] a    
loss mitigation option1 )\t ! *>g+ ( any
 fees or p5alties o!r ?an int]e/1 su* t 
! borr[]'s pr9cipal & int]e/ paym5t     
rema9s ! same z x 0 prior to ! =be>ance1
 subject to any adju/m5t ( ! index      
pursuant to ! t]ms ( an adju/able rate  
mortgage1 & t ei!r-- 7i7 def]s ! paym5t 
( total arre>ages1 includ+ any escr[    
advances1 to ! end ( ! exi/+ t]m ( !    

loan1 )\t ! *>g+ or collection ( any    
additional int]e/ on ! def]r$ am\nts2 or
  7ii7 ext5ds ! t]m ( ! mortgage loan1 &
 capitalizes1 def]s1 or =gives all escr[
 advances & o!r arre>ages1  provid$1    
h[ev]1 t ! s]vic] may (f] ! borr[] a    
loss mitigation option t r$uces !       
pr9cipal & int]e/ paym5t on ! loan &    
capitalizes1 def]s1 or =gives all escr[ 
advances or arre>ages if ! s]vic] has   
in=mation indicat+ t ! borr[] _c resume 
! pre-=be>ance mortgage paym5ts2 &  7,b7
 concurr5t ) ! loss mitigation (f] 9    
subp>agraph 7,a71 notify ! borr[] t !   
borr[] has ! "r to be evaluat$ = o!r    
loss mitigation options if ! borr[] is n
 able to make ! paym5t "u ! option (f]$ 
9 subp>agraph 7,a74  7#c7 ,evaluation = 
loss mitigation prior to =eclosure      
initiation ,be=e a s]vic] may initiate  
or engage 9 any =eclosure activity li/$ 
9 subsection 7c77#b71 includ+ incurr+ or
 *>g+ to a borr[] any fees or corporate 
advances relat$ to a =eclosure on !     
basis t ! borr[] has fail$ to p]=m "u ! 

loss mitigation (f] 9 p>agraph 7#b77;,a7
 )9 ! fir/ #ij days aft] ! option is    
(f]$1 includ+ a failure to accept ! loss
 mitigation (f] 9 p>agraph 7#b77;,a71 ! 
s]vic] %all-- 7,a7 unless ! borr[] has  
already submitt$ a complete application 
t ! s]vic] is review+-- 7i7 notify !    
borr[] 9 writ+ ( ! docum5ts & in=mation1
 if any1 ne$$ by ! s]vic] to enable !   
s]vic] to consid] ! borr[] = all        
available loss mitigation options2 &    
7ii7 ex]cise reasonable dilig5ce to     
obta9 ! docum5ts & in=mation ne$$ to    
complete ! borr[]'s loss mitigation     
application2 &  7,b7 ^u receipt ( a     
complete application or if1 despite !   
s]vic]'s ex]cise ( reasonable dilig5ce1 
! loss mitigation application rema9s    
incomplete sixty days aft] ! notice 9   
p>agraph 7#b77;,a7 is s5t1 conduct an   
evaluation ( ! complete or incomplete   
loss mitigation application )\t ref]5ce 
to :e!r ! borr[] has previ\sly submitt$ 
a complete loss mitigation application &
 (f] ! borr[] all available loss        

mitigation options = :i* ! borr[]       
qualifies "u applicable inve/or         
guidel9es1 includ+ guidel9es reg>d+     
requir$ docum5tation4  7#d7 ,effect on  
future reque/s = loss mitigation review 
,an application1 (f]1 or evaluation =   
loss mitigation "u ?is section %all n be
 ! basis = ! d5ial ( a borr[]'s         
application z duplicative or = a        
r$uction 9 ! borr[]'s appeal rights "u  
,regulation ,x 7#ab ,c4,f4,r4 #ajbd7 9  
reg>d to any loss mitigation application
 submitt$ aft] ! s]vic] has compli$ ) ! 
requirem5ts ( p>agraphs 7#b7 & 7#c74    
7#e7 ,safe h>bor ,any loss mitigation   
option au?oriz$ by ! ,f$]al ,national   
,mortgage ,association1 ! ,f$]al ,home  
,loan ,corporation1 or ! ,f$]al ,h\s+   
,adm9i/ration t ei!r-- 7,a7 def]s !     
paym5t ( total arre>ages1 includ+ any   
escr[ advances1 to ! end ( ! exi/+ t]m (
 ! loan1 )\t ! *>g+ or collection ( any 
additional int]e/ on ! def]r$ am\nts2 or
  7,b7 ext5ds ! t]m ( ! mortgage loan1 &
 capitalizes1 def]s1 or =gives all escr[

 advances & o!r arre>ages1 )\t ! *>g+ ( 
any fees or p5alties beyond int]e/ on   
any am\nt capitaliz$ into ! loan        
pr9cipal1  %all be deem$ to comply ) !  
requirem5ts ( p>agraph 7#a77;,b74  7#f7 
,home ret5tion options = c]ta9 rev]se   
mortgage loans  7,a7 ,9 g5]al ,= a cov]$
 mortgage loan :i* is also a f$]ally    
insur$ rev]se mortgage loan1 a s]vic]'s 
conduct %all be deem$ to comply ) ?is   
section provid$ t if ! loan is eligible 
to be call$ due & payable due to a      
prop]ty *>ge default1 ! mortgagee %all1 
z a precondition to s5d+ a due & payable
 reque/ to ! ,secret>y or initiat+ or   
cont9u+ a =eclosure process-- 7i7 make a
 good fai? ef=t to communicate ) !      
borr[] reg>d+ available home ret5tion   
options to cure ! prop]ty *>ge default1 
includ+ enc\rag+ ! borr[] to apply =    
home ret5tion options2 &  7ii7 consid] !
 borr[] = all available home ret5tion   
options z all[$ by ! ,secret>y4  7,b7   
,p]missible repaym5t plans ,! ,secret>y 
%all am5d its all[able home ret5tion    

options to p]mit a repaym5t plan ( up to
 #abj mon?s 9 l5g?1 & to p]mit a        
repaym5t plan )\t reg>d to prior        
defaults on repaym5t plans4  7,c7       
,limitation on int]e/ curtailm5t ,!     
,secret>y may n curtail int]e/ paid to  
mortgagees :o engage 9 loss mitigation  
or home ret5tion actions ?r\gh int]e/   
curtailm5t dur+ su* loss mitigation or  
home ret5tion review or dur+ ! p]iod :5 
a loss mitigation or home ret5tion plan 
is 9 effect & end+ #ij days aft] any su*
 plan t]m9ates4  4  7,b7 ,am5dm5t to    
,h\s+ ,act ( #aidi ,section #eje ( !    
,h\s+ ,act ( #aidi 7#db ,u4,s4,c4 #adge7
 is am5d$-- 7i7 by /rik+ ! section head+
 & ins]t+ ,loss ,mitigation & ,=eclosure
 ,proc$ures2  7ii7 9 subsection 7a71 by 
/rik+ ! section designation & all t     
foll[s ?r\gh ,dur+ any & ins]t+ !       
foll[+3  #eje4 7a7 ,moratorium--7#a7 ,9 
det]m9+ a borr[]'s eligibility = relief1
 ! ,secret>y %all make all eligibility  
decisions bas$ on ! borr[]'s h\sehold's 
income1 exp5ses1 & circum/ances4 7#b7   

,dur+ any  2  7iii7 by r$esignat+       
subsection 7b7 z subsection 7c72 &  7iv7
 by ins]t+ aft] subsection 7a7 ! foll[+ 
new subsection3  7b7 ,loan ,modification
 7#a7 ,not)/&+ any o!r provision ( ?is  
title1 = any loan made "u section #ejb  
or #ejd1 ! ,secret>y may modify ! int]e/
 rate & ext5d ! t]m ( su* loan = up to  
#cj ye>s f ! date ( su* modification4   
7#b7 ,at ! end ( any moratorium p]iod   
grant$ "u ?is section or "u !           
,,covid-#ai ,,h]o ,act1 ! ,secret>y %all
 det]m9e :e!r ! borr[] c reasonably     
resume mak+ pr9cipal & int]e/ paym5ts   
aft] ! ,secret>y modifies ! borr[]'s    
loan obligations 9 accordance ) p>agraph
 7#a74  4  7#g7 ,multifamily ,mortgage  
,=be>ance ,section #djbc ( ! ,,c>es ,act
 7#ae ,u4,s4,c4 #ijeg7 is am5d$-- 7,a7  
by /rik+ ,f$]ally back$ multifamily     
mortgage loan ea* place su* t]m appe>s &
 ins]t+ multifamily mortgage loan2  7,b7
 9 subsection 7b71 by /rik+ dur+ &      
ins]t+ due1 directly or indirectly1 to2 
7,c7 9 subsection 7c77#a7-- 7i7 9       

subp>agraph 7,a71 by add+ & at ! end2 & 
7ii7 by /rik+ subp>agraphs 7,b7 & 7,c7 &
 ins]t+ ! foll[+3  7,b7 provide !       
=be>ance = up to ! end ( ! p]iod        
describ$ "u section #djbd7;b74  2  7,d7 
by r$esignat+ subsection 7f7 z          
subsection 7g72  7,e7 by ins]t+ aft]    
subsection 7e7 ! foll[+3  7f7 ,treatm5t 
aft] =be>ance ,) respect to a           
multifamily mortgage loan provid$ a     
=be>ance "u ?is section1 ! s]vic] ( su* 
loan-- 7#a7 %all provide ! borr[] ) a   
#ab-mon? p]iod beg9n+ at ! end ( su*    
=be>ance to become curr5t on ! paym5ts  
"u su* loan2  7#b7 may n *>ge any late  
fees1 p5alties1 or o!r *>ges ) respect  
to paym5ts on ! loan t 7 due dur+ !     
=be>ance p]iod1 if su* paym5ts are made 
be=e ! end ( ! #ab-mon? p]iod2 &  7#c7  
may n report any adv]se in=mation to a  
cr$it rat+ ag5cy 7z def9$ "u section    
#fjc ( ! ,fair ,cr$it ,report+ ,act )   
respect to any paym5ts on ! loan t 7 due
 dur+ ! =be>ance p]iod1 if su* paym5ts  
are made be=e ! end ( ! #ab-mon? p]iod47

  2 &  7,f7 9 subsection 7g71 z s       
r$esignat$-- 7i7 9 p>agraph 7#b7-- 7,i7 
by /rik+ t-- & all t foll[s ?r\gh 7,a7  
is secur$ by & ins]t+ t is secur$ by2   
7,,ii7 by /rik+ 2 & & ins]t+ a p]iod2 & 
7,,iii7 by /rik+ subp>agraph 7,b72 &    
7ii7 by am5d+ p>agraph 7#e7 to read z   
foll[s3  7#e7 ,cov]$ p]iod ,) respect to
 a loan1 ! t]m cov]$ p]iod has ! mean+  
giv5 t t]m "u section #djbb7;a77#c74  4 
7#h7 ,r5t] protections dur+ =be>ance    
p]iod ,a borr[] t receives a =be>ance   
pursuant to section #djbb or #djbc ( !  
,,c>es ,act 7#ae ,u4,s4,c4 #ijef or     
#ijeg7 may n1 = ! duration ( !          
=be>ance-- 7,a7 evict or initiate !     
eviction ( a t5ant solely = nonpaym5t ( 
r5t or o!r fees or *>ges2 or  7,b7 *>ge 
any late fees1 p5alties1 or o!r *>ges to
 a t5ant = late paym5t ( r5t4  7#i7     
,ext5sion ( ,,gse ,pat*  7,a7           
,non-applicability ( exi/+ sunset       
,section #ajbf4dc7;e77#d77;iii77,b7 (   
title #ab1 ,code ( ,f$]al ,regulations1 
%all h no =ce or effect4  7,b7 ,ext5d$  

sunset ,! special rules 9 section       
#ajbf4dc7;e77#d7 ( title #ab1 ,code (   
,f$]al ,regulations1 %all apply to cov]$
 transactions consummat$ prior to ,june 
#a1 #bjbb1 or su* lat] date z !         
,director ( ! ,bureau ( ,consum]        
,f9ancial ,protection may det]m9e1 by   
rule4  7#aj7 ,s]vic] safe h>bor f       
inve/or liability  7,a7 ,safe h>bor  7i7
 ,9 g5]al ,a s]vic] ( cov]$ mortgage    
loans or multifamily mortgage loans %all
 be deem$ n to h violat$ any duty or    
contractual obligation ow$ to inve/ors  
or o!r p>ties reg>d+ su* mortgage loans 
on acc\nt ( (f]+ or implem5t+ 9 good    
fai? =be>ance dur+ ! cov]$ p]iod or (f]+
 or implem5t+ 9 good fai? po/-=be>ance  
loss mitigation 7includ+ aft] !         
expiration ( ! cov]$ p]iod7 9 accordance
 ) ! t]ms ( sections #djbb & #djbc ( !  
,,c>es ,act to borr[]s1 respectively1 on
 cov]$ or multifamily mortgage loans t x
 s]vices & %all n be liable to any p>ty 
:o is ow$ su* a duty or obligation or   
subject to any injunction1 /ay1 or o!r  

equitable relief to su* p>ty on acc\nt (
 su* (f] or implem5tation ( =be>ance or 
po/-=be>ance loss mitigation4  7ii7 ,o!r
 p]sons ,any p]son1 includ+ a tru/ee ( a
 securitization vehicle or o!r p>ty     
involv$ 9 a securitization or o!r       
inve/m5t vehicle1 :o 9 good fai?        
coop]ates ) a s]vic] ( cov]$ or         
multifamily mortgage loans held by t    
securitization or inve/m5t vehicle to   
comply ) ! t]ms ( section #djbb & #djbc 
( ! ,,c>es ,act1 respectively1 to       
borr[]s on cov]$ or multifamily mortgage
 loans own$ by ! securitization or o!r  
inve/m5t vehicle %all n be liable to any
 p>ty :o is ow$ su* a duty or obligation
 or subject to any injunction1 /ay1 or  
o!r equitable relief to su* p>ty on     
acc\nt ( its coop]ation ) an (f] or     
implem5tation ( =be>ance dur+ ! cov]$   
p]iod or po/-=be>ance loss mitigation1  
includ+ aft] ! expiration ( ! cov]$     
p]iod4  7,b7 ,/&>d indu/ry practice     
,dur+ ! cov]$ p]iod1 not)/&+ any        
contractual re/rictions1 x is deem$ to  

be /&>d indu/ry practice = a s]vic] to  
(f] =be>ance or loss mitigation options 
9 accordance ) ! t]ms ( sections #djbb &
 #djbc ( ! ,,c>es ,act to borr[]s1      
respectively1 on all cov]$ or           
multifamily mortgage loans x s]vices4   
7,c7 ,rule ( con/ruction ,no?+ 9 ?is    
p>agraph may be con/ru$ z affect+ !     
liability ( a s]vic] or o!r p]son =     
actual fraud 9 ! s]vic+ ( a mortgage    
loan or = ! violation ( a ,/ate or      
,f$]al law4  7,d7 ,def9itions ,9 ?is    
p>agraph3 7i7 ,cov]$ mortgage loan ,!   
t]m cov]$ mortgage loan has ! mean+ giv5
 t t]m "u section #djbb7;a7 ( ! ,,c>es  
,act4  7ii7 ,cov]$ p]iod ,! t]m cov]$   
p]iod has ! mean+ giv5 t t]m "u section 
#djbc7;g7 ( ! ,,c>es ,act4  7iii7       
,multifamily mortgage loan ,! t]m       
multifamily mortgage loan has ! mean+   
giv5 t t]m "u section #djbc7;g7 ( !     
,,c>es ,act4  7iv7 ,s]vic] ,! t]m       
s]vic]-- 7,i7 has ! mean+ giv5 ! t]m "u 
section #f7;i7 ( ! ,real ,e/ate         
,settlem5t ,proc$ures ,act ( #aigd 7#ab 

,u4,s4,c4 #bfje7;i772 &  7,,ii7 means a 
ma/] s]vic] & a subs]vic]1 z su* t]ms   
are def9$1 respectively1 "u section     
#ajbd4ca ( title #ab1 ,code ( ,f$]al    
,regulations4  7v7 ,securitization      
vehicle ,! t]m securitization vehicle   
has ! mean+ giv5 t t]m "u section       
#abi;,a7f7 ( ! ,tru? 9 ,l5d+ ,act 7#ae  
,u4,s4,c4 #afci;a7f774  7#aa7 ,am5dm5ts 
to ,national ,h\s+ ,act ,section        
#cjf7;g77#a7 ( ! ,national ,h\s+ ,act   
7#ab ,u4,s4,c4 #agba7;a77 is am5d$--    
7,a7 9 ! fif? s5t5ce1 by ins]t+ aft]    
issu$ ! foll[+3 1 subject to any pl$ge  
or grant ( security int]e/ ( ! ,f$]al   
,res]ve "u section #djjc7;a7 ( ! ,,c>es 
,act 7,public ,law #aaf-acf2 #acd ,/at4 
#dgj2 #ae ,u4,s4,c4 #ijdb7;a77 & to any 
su* mortgage or mortgages or any int]e/ 
!re9 & ! proce$s !reon1 :i* !           
,association may elect to approve2 &    
7,b7 9 ! six? s5t5ce-- 7i7 by /rik+ or  
7,c7 & ins]t+ 7,c72 &  7ii7 by ins]t+   
be=e ! p]iod ! foll[+3 1 or 7,d7 its    
approval & honor+ ( any pl$ge or grant (

 security int]e/ ( ! ,f$]al ,res]ve "u  
section #djjc7;a7 ( ! ,,c>es ,act & to  
any su* mortgage or mortgages or any    
int]e/ !re9 & proce$s !reon z4  7#ab7   
,bankruptcy protections  7,a7           
,bankruptcy ,protections = ,f$]al       
,coronavirus ,relief ,paym5ts ,section  
#eda7;b7 ( title #aa1 ,unit$ ,/ates     
,code1 is am5d$-- 7i7 9 p>agraph 7#i71 9
 ! matt] foll[+ subp>agraph 7,b71 by    
/rik+ or2  7ii7 9 p>agraph 7#aj77;,c71  
by /rik+ ! p]iod at ! end & ins]t+ 2 or2
 &  7iii7 by ins]t+ aft] p>agraph 7#aj7 
! foll[+3  7#aa7 paym5ts made "u ,f$]al 
law relat+ to ! national em]g5cy decl>$ 
by ! ,presid5t "u ! ,national ,em]g5cies
 ,act 7#ej ,u4,s4,c4 #afja et seq47 )   
respect to ! coronavirus disease #bjai  
7,,covid-#ai74  4  7,b7 ,protection     
,aga9/ ,discrim9atory ,treatm5t (       
,home[n]s 9 ,bankruptcy ,section #ebe ( 
title #aa1 ,unit$ ,/ates ,code1 is am5d$
 by add+ at ! end ! foll[+3  7d7 ,a     
p]son may n be d5i$ any =be>ance1       
assi/ance1 or loan modification relief  

made available to borr[]s by a mortgage 
cr$itor or s]vic] because ! p]son is or 
has be5 a debtor1 or has receiv$ a      
dis*>ge1 9 a case "u ?is title4  4  7,c7
 ,increas+ ! ,home/ead ,exemption       
,section #ebb ( title #aa1 ,unit$ ,/ates
 ,code1 is am5d$-- 7i7 9 subsection     
7d77#a71 by /rik+ #ae1jjj & ins]t+      
#ajj1jjj2 &  7ii7 by add+ at ! end !    
foll[+3  7r7 ,not)/&+ any o!r provision 
( applicable nonbankruptcy law1 a debtor
 9 any ,/ate may exempt f prop]ty ( !   
e/ate ! prop]ty describ$ 9 subsection   
7d77#a7 n to exce$ ! value 9 subsection 
7d77#a7 if ! exemption = su* prop]ty    
p]mitt$ by applicable nonbankruptcy law 
is l[] ?an t am\nt4  4  7,d7 ,effect (  
,miss$ ,mortgage ,paym5ts on ,dis*>ge   
,section #acbh ( title #aa1 ,unit$      
,/ates ,code1 is am5d$ by add+ at ! end 
! foll[+3  7i7 ,a debtor %all n be d5i$ 
a dis*>ge "u ?is section because1 z ( ! 
date ( dis*>ge1 ! debtor did n make #f  
or few] paym5ts directly to ! hold] ( a 
debt secur$ by real prop]ty4  7j7       

,not)/&+ subsections 7a7 & 7b71 ^u !    
debtor's reque/1 ! c\rt %all grant a    
dis*>ge ( all debts provid$ = 9 ! plan t
 are dis*>geable "u subsection 7a7 if ! 
debtor-- 7#a7 has made paym5ts "u a     
confirm$ plan = at lea/ #a ye>2 &  7#b7 
:o is exp]i5c+ or has exp]i5c$ a mat]ial
 f9ancial h>d%ip due1 directly or       
indirectly1 to ! coronavirus disease    
#bjai 7,,covid-#ai7 p&emic4  4  7,e7    
,exp&$ eligibility = *apt] #ac ,section 
#aji7;e7 ( title #aa1 ,unit$ ,/ates     
,code1 is am5d$-- 7i7 by /rik+ #bej1jjj 
ea* place ! t]m appe>s & ins]t+         
#hej1jjj2 &  7ii7 by /rik+ #gej1jjj ea* 
place ! t]m appe>s & ins]t+ #b1fjj1jjj4 
7,f7 ,ext5d$ ,cure ,p]iod = ,home[n]s   
,h>m$ by ,,covid-#ai ,p&emic  7i7 ,9    
g5]al ,*apt] #ac ( title #aa1 ,unit$    
,/ates ,code1 is am5d$ by add+ at ! end 
!re( ! foll[+3  #acca4 ,special         
provisions relat$ to ,,covid-#ai p&emic 
7a7 ,not)/&+ subsections 7b77#b7 & 7d7 (
 section #acbb1 if ! debtor is exp]i5c+ 
or has exp]i5c$ a mat]ial f9ancial      

h>d%ip due1 directly or indirectly1 to !
 coronavirus disease #bjai 7,,covid-#ai7
 p&emic1 a plan may provide = ! cur+ (  
any default )9 a reasonable "t1 n to    
exce$ #g ye>s aft] ! "t t ! fir/ paym5t 
"u ! orig9al confirm$ plan 0 due1 &     
ma9t5ance ( paym5ts :ile ! case is p5d+ 
on any unsecur$ claim or secur$ claim on
 :i* ! la/ paym5t is due aft] !         
expiration ( su* "t4 ,any su* plan      
provision %all n affect ! applicable    
commitm5t p]iod "u section #acbe7;b74   
7b7 ,= purposes ( sections #acbh7;a7 &  
#acbh7;b71 any cure or ma9t5ance paym5ts
 "u subsection 7a7 t are made aft] ! end
 ( ! p]iod dur+ :i* ! plan provides =   
paym5ts 7o!r ?an paym5ts "u subsection  
7a77 %all n be treat$ z paym5ts "u !    
plan4  7c7 ,not)/&+ section #acbi7;c71 a
 plan modifi$ "u section #acbi at !     
debtor's reque/ may provide = cure or   
ma9t5ance paym5ts "u subsection 7a7 ov] 
a p]iod t is n long] ?an #g ye>s aft] ! 
"t t ! fir/ paym5t "u ! orig9al confirm$
 plan 0 due4  7d7 ,not)/&+ section      

#cfb7;c77#b71 dur+ ! p]iod aft] ! debtor
 receives a dis*>ge & ! p]iod dur+ :i* !
 plan provides = ! cure ( any default & 
ma9t5ance ( paym5ts "u ! plan1 section  
#cfb7;a7 %all apply to ! hold] ( a claim
 = :i* a default is cur$ & paym5ts are  
ma9ta9$ "u subsection 7a7 & to any      
prop]ty secur+ su* claim4  7e7 ,not)/&+ 
section #acja7;a77#b71 ! /ay ( section  
#acja7;a7 t]m9ates ^u ! grant+ ( a      
dis*>ge "u section #acbh ) respect to   
all cr$itors o!r ?an ! hold] ( a claim =
 :i* a default is cur$ & paym5ts are    
ma9ta9$ "u subsection 7a74  4  7ii7     
,table ( cont5ts ,! table ( sections (  
*apt] #ac1 title #aa1 ,unit$ ,/ates     
,code1 is am5d$ by add+ at ! end !re( ! 
foll[+3  ,sec4 #acca4 ,special          
provisions relat$ to ,,covid-#ai p&emic4
  4  7iii7 ,application ,! am5dm5ts made
 by ?is p>agraph %all apply only to any 
case "u title #aa1 ,unit$ ,/ates ,code1 
comm5c$ be=e #c ye>s aft] ! date (      
enactm5t ( ?is ,act & p5d+ on or comm5c$
 aft] su* date ( enactm5t1 9 :i* a plan 

"u *apt] #ac ( title #aa1 ,unit$ ,/ates 
,code1 0 n confirm$ be=e ,m>* #bg1      
#bjbj4  7#ac7 ,liquidity = mortgage     
s]vic]s & resid5tial r5tal prop]ty own]s
  7,a7 ,9 g5]al ,section #djjc ( !      
,,c>es ,act 7#ae ,u4,s4,c4 #ijdb71 is   
am5d$ by add+ at ! end ! foll[+3  7i7   
,liquidity = mortgage s]vic]s  7#a7 ,9  
g5]al ,subject to p>agraph 7#b71 !      
,secret>y %all ensure t s]vic]s ( cov]$ 
mortgage loans 7z def9$ "u section      
#djbb7 & multifamily mortgage loans 7z  
def9$ "u section #djbc7 are provid$ !   
opportunity to p>ticipate 9 ! loans1    
loan gu>antees1 or o!r inve/m5ts made by
 ! ,secret>y "u ?is section4 ,!         
,secret>y %all ensure t s]vic]s are     
provid$ ) access to su* opportunities "u
 equitable t]ms & conditions reg>dless (
 _! size4  7#b7 ,mortgage s]vic]        
eligibility ,9 ord] to receive assi/ance
 "u subsection 7b77#d71 a mortgage      
s]vic] %all-- 7,a7 demon/rate t !       
mortgage s]vic] has e/abli%$ policies & 
proc$ures to use su* funds only to      

replace funds us$ = borr[] assi/ance1   
includ+ to advance funds z a result (   
=be>ance or o!r loss mitigation provid$ 
to borr[]s2  7,b7 demon/rate t !        
mortgage s]vic] has e/abli%$ policies & 
proc$ures to provide =be>ance1          
po/-=be>ance loss mitigation1 & o!r     
assi/ance to borr[]s 9 compliance ) !   
t]ms ( section #djbb or #djbc1 z        
applicable2  7,c7 demon/rate t !        
mortgage s]vic] has e/abli%$ policies & 
proc$ures to ensure t =be>ance &        
po/-=be>ance assi/ance is available to  
all borr[]s 9 a non-discrim9atory fa%ion
 & 9 compliance ) ! ,fair ,h\s+ ,act1 ! 
,equal ,cr$it ,opportunity ,act1 & o!r  
applicable fair h\s+ & fair l5d+ laws2 &
  7,d7 comply ) ! limitations on        
comp5sation set =? 9 section #djjd4     
7#c7 ,mortgage s]vic] requirem5ts ,a    
mortgage s]vic] receiv+ assi/ance "u    
subsection 7b77#d7 may n1 :ile ! s]vic] 
is "u any obligation to repay funds     
provid$ or gu>ante$ "u ?is section--    
7,a7 pay divid5ds ) respect to ! common 

/ock ( ! mortgage s]vic] or pur*ase an  
equity security ( ! mortgage s]vic] or  
any p>5t company ( ! mortgage s]vic] if 
! security is li/$ on a national        
securities ex*ange1 except to ! ext5t   
requir$ "u a contractual obligation t is
 9 effect on ! date ( enactm5t ( ?is    
subsection2 or  7,b7 prepay any debt    
obligation4  4  7,b7 ,cr$it facility =  
resid5tial r5tal prop]ty own]s  7i7 ,9  
g5]al ,! ,bo>d ( ,gov]nors ( ! ,f$]al   
,res]ve ,sy/em %all-- 7,i7 e/abli% a    
facility1 us+ am\nts made available "u  
section #djjc7;b77#d7 ( ! ,,c>es ,act   
7#ae ,u4,s4,c4 #ijdb7;b77#d771 to make  
long-t]m1 l[-co/ loans to resid5tial    
r5tal prop]ty own]s z to tempor>ily     
comp5sate su* own]s = docum5t$ f9ancial 
losses caus$ by r$uctions 9 r5t paym5ts2
 &  7,,ii7 def] su* own]s' requir$      
paym5ts on su* loans until aft] six     
mon?s aft] ! date ( enactm5t ( ?is ,act4
  7ii7 ,requirem5ts ,a borr[] t receives
 a loan "u ?is subsection may n1 = !    
duration ( ! loan-- 7,i7 evict or       

initiate ! eviction ( a t5ant solely =  
nonpaym5t ( r5t or o!r fees or *>ges2   
7,,ii7 *>ge any late fees1 p5alties1 or 
o!r *>ges to a t5ant = late paym5t (    
r5t2 &  7,,iii7 ) respect to a p]son or 
entity describ$ "u clause 7iv71         
discrim9ate on ! basis ( s\rce ( income4
  7iii7 ,report on resid5tial r5tal     
prop]ty own]s ,! ,bo>d ( ,gov]nors %all 
issue a report to ! ,congress conta9+ ! 
foll[+1 ) respect to ea* prop]ty own]   
receiv+ a loan "u ?is subsection3 7,i7  
,! numb] ( borr[]s t receiv$ assi/ance  
"u ?is subsection4  7,,ii7 ,! av]age    
total loan am\nt t ea* borr[] receiv$4  
7,,iii7 ,! total numb] ( r5tal units t  
ea* borr[] own$4  7,,iv7 ,! av]age r5t  
*>g$ by ea* borr[]4  7iv7 ,report on    
l>ge resid5tial r5tal prop]ty own]s ,!  
,bo>d ( ,gov]nors %all issue a report to
 ,congress t id5tifies any p]son or     
entity t 9 aggregate owns or holds a    
controll+ int]e/ 9 any entity t1 9      
aggregate1 owns-- 7,i7 m ?an #ajj r5tal 
units t are locat$ )9 a s+le            

,metropolitan ,/ati/ical ,area2  7,,ii7 
m ?an #a1jjj r5tal units nationwide2 or 
7,,iii7 r5tal units 9 ?ree or m ,/ates4 
7,c7 ,mortgage p]=mance data ,section   
#djjc7;c7 ( ! ,,c>es ,act 7,public ,law 
#aaf-acf7 is am5d$ by add+ at ! end !   
foll[+3  7#d7 ,mortgage p]=mance data   
7,a7 ,mon?ly report  7i7 ,9 g5]al ,a    
s]vic] ( a resid5tial mortgage loan     
receiv+ a loan1 loan gu>antee1 or any   
o!r inve/m5t "u ?is section %all1 beg9n+
 9 ! fir/ mon? 9 :i* ! loan1 loan       
gu>antee1 or inve/m5t 0 receiv$1 collect
 & provide loan-level data to ! ,bureau 
( ,consum] ,f9ancial ,protection on a   
mon?ly basis ) respect all resid5tial   
mortgage loans s]vic$ by ! s]vic]4  7ii7
 ,cont5ts ,ea* mon?ly report requir$ "u 
?is subp>agraph %all conta9 id5tify+    
in=mation & loan p]=mance data = ! mo/  
rec5t mon? z well z cumulative data s9ce
 ! s]vic] began report+ "u ?is p>agraph4
  7iii7 ,"t p]iod = reports ,reports "u 
?is p>agraph %all be provid$ by a s]vic]
 e mon? 9 :i* a loan1 loan gu>antee1 or 

any o!r inve/m5t "u ?is section has be5 
receiv$ & = #b ye>s foll[+ su* receipt4 
7,b7 ,id5tify+ in=mation ,ea* mon?ly    
report requir$ "u subp>agraph 7,a7 %all 
include ! foll[+ loan-level id5tify+    
in=mation3 7i7 ,demographic data1 = ea* 
borr[]1 includ+ race1 e?nicity1 sex1 &  
age4  7ii7 ,! location ( ! prop]ty1     
includ+ by ,/ate1 ,metropolitan         
,/ati/ical ,area1 po/al code1 c5sus     
tract1 & ,metropolitan ,di/rict1 if     
applicable4  7iii7 ,loan orig9ation     
in=mation1 includ+ orig9al unpaid       
pr9cipal balance1 orig9al int]e/ rate1  
fir/ paym5t date1 orig9al loan t]m1 &   
li5 /atus 7fir/ or subord9ate74  7iv7   
,loan type & type ( loan pur*as]1 z     
describ$ "u section #cjd ( ! ,home      
,mortgage ,disclosure ,act ( #aige 7#ab 
,u4,s4,c4 #bhjc7 & ! rules issu$ to c>ry
 out su* section4  7,c7 ,loan p]=mance  
data ,ea* mon?ly report requir$ "u      
subp>agraph 7,a7 %all include ! foll[+  
loan-level loan p]=mance data3 7i7      
,curr5t loan in=mation1 includ+ curr5t  

actual unpaid pr9cipal balance1 curr5t  
int]e/ rate1 curr5t loan del9qu5cy /atus
 7bas$ on ! numb] ( days ! borr[] is    
del9qu5t 9 paym5ts bas$ on ! due date ( 
! la/ paid loan paym5t71 loan p]=mance  
/atus 7includ+ curr5t1 =be>ance1        
repaym5t plan1 ref]r$ to =eclosure1     
trial modification1 p]man5t             
modification1 or =eclos$71 & ! date ( ! 
ev5t lead+ to su* /atus4  7ii7 ,loss    
mitigation in=mation1 includ+-- 7,i7    
:e!r ! loan is curr5tly be+ evaluat$ =  
loss mitigation1 & if s ! date ^u :i* ! 
curr5t loss mitigation process 0        
initiat$ & ! date ( complete            
application1 if any  7,,ii7 !           
disposition ( any previ\s loss          
mitigation evaluation report$ pursuant  
to subclause 7,i7 & ! date (            
disposition1 includ+-- 7aa7 d5i$2  7bb7 
tempor>y or %ort-t]m agreem5t1 su* z a  
repaym5t agreem5t or =be>ance1 & ! l5g? 
( su* agreem5t 79 mon?s72  7cc7 trial   
loan modification2  7dd7 p]man5t loan   
modification2 or  7ee7 o!r type ( loss  

mitigation2 &  7,,iii7 = ea* p]man5t    
modification-- 7aa7 :e!r ! p]man5t      
modification includ$ "o or m (-- 7,,aa7 
additions ( del9qu5t paym5ts & fees to  
loan balances2 7,,bb7 int]e/ rate       
r$uctions & freezes2 7,,cc7 t]m         
ext5sions2 7,,dd7 r$uctions ( pr9cipal2 
or 7,,ee7 def]rals ( pr9cipal2 &  7bb7  
:e!r ! total mon?ly pr9cipal & int]e/   
paym5t1 z a result ( ! p]man5t          
modification-- 7,,aa7 increas$2 7,,bb7  
rema9$ ! same2 7,,cc7 decreas$ less ?an 
#aj p]c5t2 7,,dd7 decreas$ betwe5 #aj & 
#bj p]c5t2 or 7,,ee7 decreas$ #bj p]c5t 
or m4  7,d7 ,=be>ance data ,ea* mon?ly  
report requir$ "u subp>agraph 7,a7 %all 
include1 ) respect to ea* loan = :i* a  
=be>ance has be5 report$ "u subp>agraph 
7,c77i71 =be>ance-specific data1        
includ+-- 7i7 ! total mon?s ( total     
=be>ance grant$ to date2 &  7ii7 ! numb]
 ( r5ewals ( =be>ance to date4  7,e7    
,public availability ( aggregate data   
7i7 ,9 g5]al ,us+ data submitt$ by      
s]vic]s "u ?is p>agraph1 ! ,director ( !

 ,bureau ( ,consum] ,f9ancial           
,protection %all make available         
aggregate data by s]vic] = ea* ,/ate1   
,metropolitan ,/ati/ical ,area1 &       
,metropolitan ,division1 z def9$ by !   
,(fice ( ,managem5t & ,budget4 ,su*     
aggregate data %all be provid$ mon?ly by
 ! ,director to ,congress & po/$ on !   
,bureau ( ,consum] ,f9ancial            
,protection's website4  7ii7 ,exception 
= c]ta9 p]sonally id5tifiable data ,if  
aggregate data describ$ "u clause 7i7 is
 none!less reasonably p]sonally         
id5tifiable1 ! ,director may report !   
aggregate data by s]vic] on ! next l>g] 
geographic unit 7su* t1 = example1 data 
w\ld n be report$ by ,municipal         
,division b only by ,metropolitan       
,/ati/ical ,area & ,/ate74  7,f7        
,implem5tation ,! ,director ( ! ,bureau 
( ,consum] ,f9ancial ,protection %all1  
)9 #fj days ( ! date ( enactm5t ( ?is   
p>agraph1 & 9 consultation ) ! ,director
 ( ! ,f$]al ,h\s+ ,f9ance ,ag5cy & !    
,comptroll] ( ! ,curr5cy1 prescribe !   

=mat & me?od ( submission ( ! data      
requir$ "u ?is p>agraph4 ,! ,director ( 
! ,bureau may prescribe rules = !       
collection ( ! data 9 ord] to ensure    
accuracy1 transp>5cy1 & complete data   
collection1 includ+ ! collection &      
report+ ( additional data elem5ts1 b may
 n require report+ ( few] data elem5ts  
?an prescrib$ by ?is p>agraph nor less  
frequ5t report+ ?an requir$ by ?is      
p>agraph4  7,g7 ,def9itions ,9 ?is      
p>agraph3 7i7 ,,covid-#ai em]g5cy ,! t]m
 ,,covid-#ai em]g5cy means ! national   
em]g5cy conc]n+ ! novel coronavirus     
disease 7,,covid-#ai7 outbreak decl>$ by
 ! ,presid5t on ,m>* #ac1 #bjbj1 "u !   
,national ,em]g5cies ,act 7#ej ,u4,s4,c4
 #afja et seq474  7ii7 ,resid5tial      
mortgage loan ,! t]m resid5tial mortgage
 loan has ! mean+ giv5 t t]m "u section 
#ajc7;dd7 ( ! ,tru? 9 ,l5d+ ,act 7#ae   
,u4,s4,c4 #afjb7;dd774  7iii7 ,s]vic] ,!
 t]m s]vic] has ! mean+ giv5 9 section  
#f7;i7 ( ! ,real ,e/ate ,settlem5t      
,proc$ures ,act ( #aigd 7#ab ,u4,s4,c4  

#bfje7;i774  4