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Coronavirus/COVID-19: Industry Guidance and Resources - Financial Regulation

(This page is updated regularly. Last update April 28, 2021.)

The Office of the Commissioner of Financial Regulation (OCFR) recognizes the impact of the new coronavirus/COVID-19 public health emergency 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
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