The Impact of COVID-19 on the Mortgage Industry

Over the last few months, COVID-19 has taken over our lives and presented unprecedented threats to human life and the global economy. The mortgage industry has been severely affected as well. Life as we knew it is a distant reality and is expected to remain so for an extended period. COVID-19 has forced every industry to reassess its future. There is a compulsion to adapt swiftly and respond quickly to the new needs, opportunities, and challenges posed by our "new normal."