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Financial Services Law Insights and Observations

District of Columbia amends emergency Covid-19 response legislation to add reporting obligations for mortgage deferments

State Issues Covid-19 District of Columbia Mortgages Mortgage Lenders Banking

State Issues

On May 4, the District of Columbia amended the Covid-19 Response Supplemental Emergency Amendment Act (previously covered here) to, among other things, include mortgage lenders as covered entities and require lenders to provide the commissioner of the Department of Insurance, Securities and Banking with lists of all approved mortgage deferments in 15-day intervals. 

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