California Dem. Lawmakers Push Proposal For Added Mortgage Relief
News

California Dem. Lawmakers Push Proposal For Added Mortgage Relief

May 22, 2020
by
Navi Persaud

California Democratic lawmakers are looking to help combat the rise in mortgage delinquencies with a series of proposals that seek to protect homeowners during the COVID-19 pandemic. A proposed bill from Assemblywoman Monique Limon, Democrat from Santa Barbara, would give homeowners the ability to request mortgage forbearance for up to one year, with mortgage servicers expected to add missed payments to the end of the loan.

Read more about the proposed California bill.

Written by 
Navi Persaud

Navi is the Director of Online Content for American Business Media in West Hartford, Conn.

npersaud@ambizmedia.com
California Dem. Lawmakers Push Proposal For Added Mortgage Relief
May 22, 2020 11:37 AM
by
Navi Persaud
News

California Democratic lawmakers are looking to help combat the rise in mortgage delinquencies with a series of proposals that seek to protect homeowners during the COVID-19 pandemic. A proposed bill from Assemblywoman Monique Limon, Democrat from Santa Barbara, would give homeowners the ability to request mortgage forbearance for up to one year, with mortgage servicers expected to add missed payments to the end of the loan.

Read more about the proposed California bill.

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