Mortgage closings at risk as coronavirus shutters title and recording offices

Posted from: https://www.cnbc.com/2020/03/24/mortgage-closings-at-risk-as-coronavirus-shutters-title-offices.html

Not even a month ago, thousands of borrowers were rushing to take advantage of record-low mortgage rates. Refinance applications soared over 400% annually, and home buyers were out early and in force. But now some of those loans are stuck in limbo, as the in-person closing process is disrupted….

Posted from: https://www.cnbc.com/2020/03/24/mortgage-closings-at-risk-as-coronavirus-shutters-title-offices.html

Not even a month ago, thousands of borrowers were rushing to take advantage of record-low mortgage rates. Refinance applications soared over 400% annually, and home buyers were out early and in force. But now some of those loans are stuck in limbo, as the in-person closing process is disrupted….

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