On March 18, 2020, the Department of Veterans Affairs (VA) published Circular 26-20-8 regarding the foreclosure moratorium for borrowers who are affected by Coronavirus COVID-19. The VA provides additional information to servicers regarding establishing a 60-day moratorium for pending and new foreclosures starting on March 18, 2018. While it is ultimately up to the servicers to decide when to initiate foreclosures, the VA strongly encourages servicers to observe the 60-day moratorium.
