Federal Updates to COVID-19 Mortgage Relief Options
Source: National Center on Law and Elder Abuse
A number of federal policy updates have been put in place for borrowers facing COVID-19 hardships. Older adults, particularly older workers, have been hit hard by the pandemic and will need access to relief options to help them avoid foreclosure. A significant number of reverse mortgage borrowers also need assistance to retain their homes.
This training will outline the general options available for homeowners and will discuss the significant number of federal policy updates that have occurred since June 2021, including a brief update on options for reverse mortgage borrowers.
Presenter: Steven Sharpe, Staff Attorney, National Consumer Law Center
Intended Use: Self-directed Learning
Audience: Community, Legal/Law Enforcement
Level: Basic, Intermediate