A&A Update – Extension of TDR Relief for Borrowers Impacted by COVID-19

By December 29, 2020Industry Updates

In response to the concerns related to the expiration of Coronavirus Aid, Relief, and Economic Security Act (CARES Act) Section 4013, lawmakers extended troubled debt restructuring (TDR) relief, which provides banks the ability to continue to fulfil their role as financial first responders in the communities they serve.

A&A Update - TDR Suspension Extended