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Senators introduce bill for six months of mortgage relief for disaster victims with federally backed loans.
Senators Adam Schiff and Michael Bennet introduced the Mortgage Relief for Disaster Survivors Act, offering six months of mortgage relief for disaster victims with federally backed loans in declared disaster areas since January 1.
The bill aims to help homeowners affected by natural disasters, such as wildfires and floods, by providing a period without interest or penalties.
Borrowers can apply for additional six-month extensions.
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Los senadores presentan un proyecto de ley para seis meses de alivio hipotecario para víctimas de desastres con préstamos respaldados por el gobierno federal.