Governor Gavin Newsom Announced Mortgage Relief for Californians
Burbank, CA (March 26, 2020) - Governor Gavin Newsom announced mortgage relief for Californians affected by COVID-19. Eligible homeowners would be able to defer mortgage payments for at least three months. The relief package includes Wells Fargo, U.S. Bank, Citi Bank and J.P. Morgan Chase and nearly 200 state-chartered banks and credit unions. The announcement can be found here https://www.gov.ca.gov/2020/03/25/governor-gavin-newsom-announces-major-financial-relief-package-90-day-mortgage-payment-relief-during-covid-19-crisis/. Additionally, the Federal Housing Finance Agency has moved to Provide Eviction Suspension Relief for Renters in Multifamily Properties, and Suspends Foreclosures and Evictions for Enterprise-Backed Mortgages.
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