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COVID-19 Loan Forbearance FAQs.
Forbearance Agreement Certification
New form for Borrowers to certify compliance with Forbearance Agreement requirements.
COVID-19 Delegated Forbearance Extension
Extended forbearance relief for multifamily Borrowers experiencing a financial hardship due, directly or indirectly, to COVID-19.
Loan Document Updates
Details regarding Loan Document updates for additional reserves can be found here.
Multifamily Underwriting Standards (Form 4660) Update
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Green Rewards Escrows and Form 4099.H Update
Borrowers must escrow at least 125% of the estimated cost of all capital improvements for selected Efficiency Measures.
| PUBLICATION IDENTIFIER | PUBLICATION NAME | EFFECTIVE DATE |
|---|---|---|
| Notification 20-11 | Forbearance Agreement Certification | 07/14/2020 |
| Supplement 20-11 | COVID-19 Delegated Forbearance Extension | 07/01/2020 |
| Notification 20-10 | Multifamily Underwriting Standards (Form 4660) | 06/22/2020 |
| Guide Update 20-06 | Green Rewards Escrows and Form 4099.H | 07/01/2020 |
List of key terms and accompanying definitions and synonyms used throughout the Guide.
Requirements
Mandatory conditions that must be satisfied for all Lender-delegated Mortgage Loans and activities.
Guidance
Best practice guidance to inform and support a Lender’s delegated analysis and decision-making.
Operating Procedures
Required steps or processes that must be followed.
