Wells Fargo has agreed to pay $56.85 million to settle a class‑action lawsuit alleging that some California borrowers’ credit scores were harmed during the early months of the COVID‑19 pandemic. The ...
State Assemblymember John Harabedian, D-Pasadena, announced this week a pair of legislative mortgage protections for fire survivors. First, Harabedian announced legislation to extend AB 238: The ...
CHELMSFORD, Mass.--(BUSINESS WIRE)--The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQB: CBSTF) (“The Cannabist Company” or “the Company”), one of the most experienced cultivators, ...
They lost their homes in the LA wildfires. Now they can’t get the mortgage relief the state promised
After business consultant Len Kendall lost his Pacific Palisades home in the January firestorms, he sought to put a temporary stop on his mortgage payments but set aside the effort after realizing the ...
Erin Stone is LAist's climate and environment reporter. She was on the ground covering the Eaton Fire, and has been following the aftermath ever since. Fire survivors are calling for longer timelines ...
Cecil Bohanon and John Horowitz: Forbearance is more than a virtue; it keeps society’s systems whole
Merriam-Webster defines forbearance as “a refraining from the enforcement of something that is due.” In finance, forbearance refers to an arrangement in which a lender allows a borrower to pause ...
New Fortress Energy (NFE) -2.7% post-market Monday as Bloomberg reported the liquefied natural gas infrastructure company is in talks with creditors over a forbearance agreement and seeking a reprieve ...
This press release contains certain statements and information that may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All ...
WASHINGTON — Sens. Angela Alsobrooks (D-Md.), Chris Van Hollen (D-Md.), Mark Warner (D-Va.) and Tim Kaine (D-Va.) introduced the Federal Worker Mortgage Forbearance Act Friday. The proposal comes amid ...
On September 22, 2025, California Governor Gavin Newsom signed Assembly Bill 238, which took immediate effect as an urgency statute. The new Mortgage Forbearance Act (the Act) can be found in section ...
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Some homeowners affected by the fires in Los Angeles County will have more time — up to a year — to pay their mortgages under a new law signed Monday by Gov. Gavin Newsom. The law went into effect ...
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