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Newsom announces bank mortgage loan grace period
Newsom: 5 banks commit to mortgage relief for wildfire victims
Five major banks have agreed to provide mortgage relief to customers affected by wildfires that have ravaged thousands of homes, businesses and structures in the Los Angeles area, California Gov. Gavin Newsom said.
Newsom announces bank mortgage loan grace period after wildfires
California Gov. Gavin Newsom (D) announced on Saturday commitments from five major banks to offer homeowners affected by the wildfires a 90-day grace period on their mortgage payments. The financial institutions agreed not to report these payments to credit reporting agencies.
Five major banks offering mortgage relief in fire-ravaged L.A. region areas, Newsom announces
Five major banks will offer homeowners up to three months of forbearance on mortgage payments in areas devastated by the Southern California wildfires.
2d
on MSN
How the Wildfires Could Reshape California Mortgage Lending
If the insurance industry stops writing policies for California homes, it will ultimately hit the mortgage industry.
Marketplace
6d
When disasters like the California wildfires strike, what options do property loan borrowers have?
Lenders have a few tools to help borrowers get back on their feet in the event of a natural disaster, like the Los Angeles ...
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