Posted inBusiness

Newsom Reaches Deal with Banks for Wildfire-Related Mortgage Relief

Gov. Gavin Newsom Saturday announced that five major financial institutions will offer mortgage relief for property owners affected by the Los Angeles County wildfires. Bank of America, Citi, JPMorgan Chase, U.S. Bank and Wells Fargo have committed to offer impacted homeowners a 90-day forbearance of their mortgage payments, without reporting these payments to credit reporting […]

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