On May 11, Advantage MPP published Bulletin 06-20
that provided guidance regarding delegated authority for COVID-19 forbearance resolution plans.
Loans that have been afforded a payment forbearance as a result of a COVID-19 related financial impact will require an established method of repayment. This Bulletin provides delegated authority for servicers to establish forbearance resolution plans with borrowers, the review process, and approved resolution methods under such delegated authority for FHLBank Indianapolis conventional loans.
You can read the entire bulletin, which includes steps and procedures here: Bulletin 06-20