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Coronavirus/COVID-19 Industry Guidance - Financial Regulation

Last updated: August 16, 2021

The Office of the Commissioner of Financial Regulation (OCFR) recognizes the impact of the coronavirus/COVID-19 pandemic on the customers and operations of financial institutions and financial services businesses in Maryland. OCFR encourages financial institutions and businesses to meet the needs of affected customers and communities. We will continue to provide appropriate regulatory guidance and assistance as needed.

COVID-19 INDUSTRY ADVISORIES ISSUED BY OCFR

Date Issued

Advisory Title

June 28, 2021

Termination of COVID-19 Executive Orders: Reopening of the Notice of Intent to Foreclose Electronic System

April 28, 2021

Amended Regulatory Guidance Regarding Foreclosures – NOI UPDATE

March 29, 2021

Amended Regulatory Guidance Regarding Foreclosures - Update *

February 22, 2021

Amended Regulatory Guidance Regarding Foreclosures *

February 17, 2021

Maryland RELIEF Act of 2021 Payments

January 28, 2021

Regulatory Guidance Regarding Foreclosures *

December 18, 2020

NEW Foreclosure Update: Executive Order 20-12-17-02 Issued By Governor Hogan *

December 18, 2020

Governor Hogan’s Executive Order Number 20-12-17-02: Interpretational Guidance Regarding Foreclosure and Repossession

November 9, 2020

Governor Hogan’s Executive Order Number 2020-10-16-01: FAQs Regarding Foreclosure and Repossession *

October 16, 2020

Foreclosure Update: New Executive Order Issued By Governor Hogan *

October 16, 2020

Repossessions Update: New Executive Order Issued By Governor Hogan *

July 15, 2020

Information on Identification Requirements for Customers of Non-Depository Financial Services Providers: Maryland Extended Deadline for License Renewals

July 15, 2020

Information on Identification Requirements for Customers of Depository Institutions: Maryland Extended Deadline for License Renewals

May 11, 2020

Collection Agencies Ceasing Activity

May 4, 2020

Interpretive Guidance from the Governor’s Office of Legal Counsel Regarding Garnishment of CARES Act Recovery Rebates (ISSUED BY THE GOVERNOR’S OFFICE)

April 30, 2020

CARES Act Relief Payments: COVID-19 Pandemic Guidance for Non-Depository Financial Services Providers

April 30, 2020

CARES Act Relief Payments: COVID-19 Pandemic Guidance for Depository Institutions (REVISED)

April 17, 2020

Legal Lending Limit: COVID-19 Pandemic Guidance

April 6, 2020

Executive Order Regarding Notices of Intent to Foreclose*

April 6, 2020

Executive Order Regarding Repossessions*

March 31, 2020

Executive Order Authorizes Remote Notarization: Mortgage Lenders Encouraged To Implement Remote Closings

March 27, 2020

Guidance Regarding Consumer Credit: Borrowers Impacted by the COVID-19 Health Emergency

March 24 2020

Guidance to Mortgage Servicers: Borrowers Impacted by the COVID-19 Health Emergency

March 19, 2020

Statement on Financial Institutions Working with Customers Affected by the Coronavirus

March 19, 2020

Foreclosure of Residential Property Stayed

March 13, 2020

Emergency and Disaster Preparation for Maryland Licensed Mortgage Brokers, Lenders and Servicers

*Amended and/or restated by a subsequent advisory.

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