News
LA County Backs State Bill to Triple Mortgage Forbearance for Eaton Fire Survivors
1+ week, 2+ day ago (456+ words) The Los Angeles County Board of Supervisors on Tuesday unanimously approved a motion directing the County to support a state bill that would triple the mortgage forbearance period available to Eaton Fire survivors, from 12 months to 36. AB 1847 builds on AB…...
Analysis: Fire-Safe Homes Could Reduce Losses by One-Third in LA Fire Zones
2+ week, 3+ day ago (316+ words) Rebuilding homes to fire-safe standards in areas burned by the Eaton and Pacific Palisades fires could reduce insurance losses by about one-third, according to an analysis cited Monday by consumer advocates backing proposed state legislation. The analysis, released Friday by…...
State Hearing at PCC Friday Will Probe Whether Banks Obey Wildfire Mortgage Law
1+ mon, 9+ hour ago (386+ words) A California Assembly committee will hold a public hearing Friday at Pasadena City College to examine whether mortgage servicers are complying with a state law that requires them to offer forbearance to homeowners affected by the January 2025 Los Angeles wildfires....