Fannie Mae and Freddie Mac previously announced that, subject to conditions, the agencies will purchase loans in a COVID-19 forbearance. Also, in June 2020, the agencies extended eligible loans to those with note dates through July 31, 2020. On July 31, 2020, Fannie Mae in an update to Lender Letter 2020-06 and Freddie Mac in Bulletin 2020-30 extended eligible loans to those with note dates through August 31, 2020.

They also updated the applicable delivery and settlement dates.