JPMORGAN Chase and Bank of America (BOA) are easing mortgage repayment conditions for customers affected by the Los Angeles wildfires, as residents grapple with one of the most destructive natural disasters in the city’s history.

Chase Home Lending is providing disaster forbearance for mortgage customers affected by the wildfires, parent firm JPMorgan said on Monday (Jan 13). BOA also said its programme includes the possibility of mortgage forbearance tailored to customer needs.

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