California Governor Gavin Newsome has called on banks to extend mortgage relief to homeowners affected by coronavirus. Many banks have agreed to do so. But what does all the fine print mean? All Californians can defer mortgage payments by up to 90 days. Longer deferrals are possible if the borrower shows proof of a COVID-19-related… Continue reading What’s the Difference Between COVID-19 Mortgage Deferral/Forbearance/Grace Period and Forgiveness?