; or (B) receipt of any business interruption insurance proceeds by the multifamily borrower. (6) Definition For the purposes of this subsection, the term multifamily borrower means a borrower of a residential mortgage loan that is secured by a lien against a property comprising five or more dwelling units. (g) Federal Reserve credit facility for mortgage servicers (1) In general The Board of Governors of the Federal Reserve System and the Secretary of the Treasury, pursuant to the authority granted under section 13(3) of the Federal Reserve Act, directly (or indirectly through an intermediary, such as the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, the Government National Mortgage Association, an insured depository institution, non-depository lending institution, or a special purpose vehicle)— (A) shall extend credit to mortgage servicers and other obligated advancing parties that in each case have liquidity needs due to the COVID–19 emergency or compliance with this Act with respect to mortgage loans (the affected mortgages ); and (B) may extend further credit to mortgage servicers for other liquidity needs due to the actual or imminent delinquency or default on mortgage loans due to the COVID–19 emergency. (2) Non-compliant servicers A mortgage servicer shall not be eligible for assistance under paragraph (1) if the provider is in violation of any requirement under this Act, and fails to promptly cure any such violation upon notice or discovery thereof. (3) Payments and purchases Credit extended under paragraph (1)(A) shall be in an amount sufficient to— (A) cover— (i) the pass-through payment of principal and interest to mortgage-backed securities holders; (ii) the payment of taxes and insurance to third parties