Bill providing one year of mortgage relief for L.A. fire victims moving forward

A smoky haze envelops Altadena as the Eaton fire smolders. Legislation, Assembly Bill 238, aims to provide one year of mortgage relief for victims of Los Angeles County fires, allowing borrowers to pause payments for up to 180 days without fees, penalties, or interest by simply attesting to financial hardship. The bill also prevents foreclosure actions. This follows agreements between Gov. Newsom and major banks for 90 days of relief. The bill is set to be expedited despite typical committee procedures.