L.A. Mayor Calls for 3-Year Mortgage Relief Extension for Wildfire Survivors
Los Angeles Mayor Karen Bass urged lenders and mortgage servicers to offer extended mortgage forbearance to residents still recovering from the January 2025 Los Angeles wildfires that claimed at least 30 lives, destroyed over 16,000 structures, and scorched nearly 60,000 acres. Following the fires, mortgage delinquencies surged from about 700 to over 4,100 in one … Read more