(The Center Square) – Five major banking institutions are offering mortgage relief for those affected by the recent wildfires in Los Angeles and Ventura Counties. The lenders, JPMorgan Chase, U.S. Bank, Wells Fargo, Bank of America and Citi, have committed to offer impacted homeowners a number forgiveness options:
Mortgage Payment Forbearance: These banks will be offering a 90-day forbearance period for mortgage payments. They will assist customers by streamlining the process, which will not require the submission of any forms or documentation.
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