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Have the federal regulatory agencies provided a forum to discuss and answer questions about loan modifications?

Yes. On April 24, 2020, the federal regulatory agencies hosted an “Ask the Regulator” webinar on loan modifications and reporting for financial institutions working with customers affected by coronavirus. The goals of the session included raising awareness of the revised interagency statement, dated April 7, 2020, clarifying the interaction between current accounting rules and Section 4013 of the CARES Act, demonstrating the consistency of views across the agencies, and answering industry questions. A recording of the session may be accessed using the link provided for the webinar.

Ask the Regulators: Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working with Customers Affected by the Coronavirus