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Big Banks Agree to California Mortgage Moratorium

Thursday, Apr 02 2020
Lending
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Leading banks have agreed to allow up to an extra 90 days on mortgage payments in California, the governor has announced. So reports The Hill.

Wells Fargo, Citibank, JPMorgan Chase and U.S. Bank were among more than 200 banks that signed on to the grace period, Gov. Gavin Newsom (D) announced in a press conference.

“Families should not lose their homes because of COVID-19,” he tweeted.

Read the full article from The Hill.

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