A Billion Dollar Fund Is Helping California Homeowners Make Past Due Mortgage Payments
December 22, 2022
Relief is available for homeowners struggling to pay their mortgage due to financial hardships caused by the Pandemic. The California Mortgage Relief Program is providing a lifeline for qualifying California property owners, especially in underserved communities. Proponents of the program regard it as a safeguard to protecting generational wealth and assets. “If you are deemed eligible and approved, we send the payment directly to your servicer or the county in which the home resides for the property tax payment, and then they’re caught up,” said CalHFA Homeowner Relief Corporation President Rebecca Franklin, who was appointed