0:00 0:00 1x

This is read by an automated voice. Please report any issues or inconsistencies here .

Legislation that allows victims of the Jan. 7 fire storms to receive up to a year of mortgage relief was signed by Gov. Gavin Newsom as an urgency measure that takes effect immediately.

Assembly Bill 238 enables borrowers to put a stop to their mortgage payments for up to 12 months with no late fees or penalties, by attesting without documentation that the fires caused a financial hardship.

The relief is extended in 90-day increments that can be extended at the property owner’s request. The law prohibits mortgage servicers from initiating a foreclosure or executing a foreclosure judgment or sale.

“Homeowners rebuilding after a disaster need all the support they can get, including

See Full Page