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Senate Banking and Financial Institutions Committee

Coverage of Senate Banking and Financial Institutions Committee in the Nexus archive.

Earliest in view: Jun 18 · 13:15 UTCMost recent: Jun 18 · 13:16 UTC
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  • POLITICSJun 18 · 13:16 UTCPASADENA NOW
    AB 1847 Mortgage Relief for Fire Survivors Clears State Senate Committee

    AB 1847, a bill to extend mortgage forbearance for Eaton and Palisades fire survivors from 12 to 36 months, passed the California Senate Banking and Financial Institutions Committee. The legislation was authored by Assemblymember John Harabedian, whose district was affected by the Eaton Fire.

  • POLITICSJun 18 · 13:15 UTCPASADENA NOW
    Burned-Out Homeowners’ Mortgage-Pause Bill Clears Key Senate Committee

    A California bill to allow homeowners to pause mortgage payments after declared disasters advanced through the Senate Banking and Financial Institutions Committee with a 7-0 vote. The bill, AB 1842 (California Emergency Mortgage Relief Act), was authored by an Assemblymember whose district was impacted by the Eaton Fire and now moves to the Senate Judiciary Committee. The legislation is not yet law.