A number of federal policy updates have been put in place for borrowers facing COVID-19 hardships. Older adults, and 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 keep their homes.
This training will outline general options available to 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