On May 15, 2020, the U.S. Department of Veterans Affairs (VA) issued Loan Guaranty Circular 26-20-18, dated May 14, 2020, to impose a further foreclosure moratorium on VA-guaranteed loans through June 30, 2020. VA-guaranteed loans initially were subject to the foreclosure moratorium under the CARES Act for the 60-day period that started on March 18, 2020. On May 14, 2020 Fannie Mae, Freddie Mac, and the U.S. Department of Housing and Urban Development extended the foreclosure moratoriums they previously had announced pursuant to the CARES Act through June 30, 2020.