1. Repayment terms for mortgages in forbearance (a) In general The CARES Act ( Public Law 116–136 ) is amended by inserting after section 4022 the following: 4022A. Repayment terms for mortgages in forbearance (a) In general With respect to a federally related mortgage loan with respect to which a forbearance was granted during the COVID–19 emergency period (either pursuant to this Act or any other Federal law or voluntarily by the servicer of such mortgage loan), the servicer of such mortgage loan shall modify the borrower’s loan to extend the term for the same period as the length of the forbearance, with all payments that were not made during the forbearance distributed at the same intervals as the borrower’s existing payment schedule and evenly distributed across those intervals, with no penalties, late fees, additional interest accrued beyond the amounts scheduled or calculated as if the borrower made all contractual payments on time and in full under the terms of the mortgage contract in effect at the time the borrower entered into the forbearance, and with no modification fee charged to the borrower. (b) Enforcement The enforcement authority provided under the Real Estate Settlement Procedures Act of 1974 ( 12 U.S.C. 2601 et seq.) shall apply to this section. (c) Definitions In this section: (1) Federally related mortgage loan The term federally related mortgage loan has the meaning given that term under section 3 of the Real Estate Settlement Procedures Act of 1974 ( 12 U.S.C. 2602 ). (2) Covid–19 emergency period The term COVID–19 emergency period means the period between— (A) March 13, 2020, the date on which the President declared a national emergency concerning the novel coronavirus disease (COVID–19) outbreak under the National Emergencies Act ( 50 U.S.C. 1601 et seq.); and (B) December 31, 2021. . (b) Clerical amendment The table of contents for the CARES Act is amended by inserting after the item relating to section 4022 the following: Sec. 4022A. Repayment terms for mortgages in forbearance. .