The issuance of the series 2020-T1 notes is expected to close on Aug. 17, 2020, and part of the proceeds from the sale are expected to be used to redeem the outstanding series 2019-T1 and series 2019-T2 notes. On March 27, 2020, the CARES Act enacted COVID-19-related relief for borrowers with government-backed mortgage loans in the form of a temporary forbearance of up to 12 months of scheduled payments. While non-agency loans do not fall under the CARES Act as it relates to this forbearance, servicers have been granting forbearance plans to non-agency borrowers also, typically with some variations to those of the CARES Act (e.g., timeframe, approval requirements, etc.) see "Credit FAQ: The Role Of Servicer Advances In U.S.