VA issued Circular 26-22-01 (Circular), describing measures mortgagees may employ to provide relief to Colorado home loan borrowers affected by wildfires and straight-line winds. The measures include: the forbearance of loan payments; a 90 day foreclosure moratorium; the waiver of late charges; and the suspension of credit bureau and VA reporting. The Circular also encourages servicers to extend special forbearance to National Guard members that experience financial difficulties as a result of their service.
Click to view the VA Circular 26-22-01: https://www.tenaco.com/wp-content/uploads/2022/01/VA-Circular-26-22-01-01-03-22.pdf
