California News

Newsom: 1M California Residents Have Filed For Unemployment

SF Gate-


California Governor Gavin Newsom reported Wednesday that 1 million residents have filed for unemployment since March 13.

With unemployment skyrocketing and individuals struggling to make ends meet, Newsom said four of the nation’s largest banks have agreed to temporarily suspend mortgage payments for those affected by the coronavirus.

Wells Fargo Citibank, JP Morgan Chase and US Bank have all agreed to the 90-day grace period.

“Unfortunately Bank of America didn’t publicly commit to that,” Nesom said during a press conference. “They committed to just 30 days. I hope they will reconsider.”

Read More

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: