The SJC held that, given that this was a reverse mortgage, and not a traditional mortgage, "where the lender cannot hold the borrower personally liable for the debt, and where the lender’s only recourse on default is to obtain repayment through a foreclosure sale," "the only reasonable and practical interpretation of the mortgage was that it incorporated the statutory power of sale."

Not sure what the interpretation will be for people who had already submitted their letters. 

Under this interpretation, contagious diseases like COVID-19 would not count as a covered loss.However, some argue that COVID-19 can contaminate physical objects like HVAC systems or assembly lines, which in turn would force businesses to cease operations.

Some will even interpret this as an inability to provide project management.I wonder if you might not be better served by a ROBS plan. 

My interpretation of loss of use is that if the property is inhabitable, which is not the case with COVID-19. 

Precisely because the mechanism of such personal income aka salary if undefined and subject to interpretation.

@Patrick J.There're three possible interpretations of your question.1.

Before this gets interpreted as terrible advise, the big caveat here is I have a white collar W2 job and reserves to cover a storm. 

It really is going to be a rough go in the near future to see how the clause is going to get interpreted and to what extent is it going to be allowed to used for just cause.

Your interpretation of the bill is incorrect.