Coronavirus Altering The Reverse Mortgage Closing Process
News

Coronavirus Altering The Reverse Mortgage Closing Process

May 6, 2020
by
Navi Persaud

With stay-at-home and social distancing orders continuing hold strong due to the Coronavirus pandemic, the reverse mortgage industry has had to find new ways to adapt. With the spread of the virus and its stranglehold on the U.S. economy came an increase in reverse mortgage inquiries, sparking a slight uptick in business. One of the most impacted aspects of the reverse industry is the closing process, which has been significantly altered, leaving professionals in the industry to figure out innovative ways to work around new obstacles.

Read more about how the reverse mortgage industry is adapting during COVID-19.

Written by 
Navi Persaud

Navi is the Director of Online Content for American Business Media in West Hartford, Conn.

npersaud@ambizmedia.com
Coronavirus Altering The Reverse Mortgage Closing Process
May 6, 2020 11:11 AM
by
Navi Persaud
News

With stay-at-home and social distancing orders continuing hold strong due to the Coronavirus pandemic, the reverse mortgage industry has had to find new ways to adapt. With the spread of the virus and its stranglehold on the U.S. economy came an increase in reverse mortgage inquiries, sparking a slight uptick in business. One of the most impacted aspects of the reverse industry is the closing process, which has been significantly altered, leaving professionals in the industry to figure out innovative ways to work around new obstacles.

Read more about how the reverse mortgage industry is adapting during COVID-19.

You might also be interested in: