Homeowner Assistance Fund backstopped vulnerable borrowers
The insights from this report help us think about potential gaps in the loss mitigation waterfall and the types of homeowners who may benefit from targeted support when they experience a crisis.
JPMorgan, Citi extend mortgage relief for LA wildfire victims | Fortune
Major banks agreed to provide streamlined additional mortgage forbearance and California will expand relief programs and create a financing fund to aid wildfire survivors' rebuilding.
California mandates mortgage forbearance for wildfire victims
Lenders agreed to at least 90-day mortgage forbearance for wildfire survivors, many offering up to 12 months; California also launched expanded mortgage relief programs.