Mortgage Industry Braces for Impact as Coronavirus Fears Grow

March 11, 2020

National Mortgage Professional, Mar. 10, 2020–Eric C. Peck
As fear and panic rises daily due to more cases reported of the Coronavirus (COVID-19) outbreak, the Federal Reserve, Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, Consumer Financial Protection Bureau, National Credit Union Administration and Conference of State Bank Supervisors have jointly encouraged financial institutions to meet the needs of customers and members affected by the illness.
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