Mountain Views News, Combined Edition Saturday, January 25, 2025

MVNews this week:  Page 6

6


Mountain View News Saturday, January 25, 2025


GOVERNOR NEWSOM & ASSEMBLYMEMBER 

HARABEDIAN ANNOUNCE COMMITMENTS FROM 
STATE BANKS AND CREDIT UNIONS TO PROVIDE 
MORTGAGE RELIEF FOR FIRESTORM SURVIVORS

(SACRAMENTO, CA) - Today, Assemblymember John Harabedian (D-Pasadena) joined 
Governor Newsom in announcing 270 state-chartered banks, credit unions, and mortgage 
lenders and servicers have committed to providing mortgage relief for property owners in 
designated fire areas as a result of the devastation in Los Angeles and Ventura Counties. 

“Our communities are hurting, and providing immediate financial relief is essential to our 
long-term rebuilding. I’m proud to join Governor Newsom in announcing mortgage payment 
forbearance through these financial institutions,” said Assemblymember John Harabedian 
(D-Pasadena). “The work is far from done, and I’m committed to partnering with 
Governor Newsom, Speaker Rivas, and Pro Tem McGuire to deliver the support wildfire 
survivors need.”

“Today’s announcement by federal and California-based lenders helps provide survivors 
with the time and relief to address their immediate needs, rather than worrying about paying 
mortgage bills. I thank each of the financial institutions that are offering this help for 
Californians recovering from this catastrophic firestorm. California will continue working 
with all stakeholders to support survivors, expedite recovery, and provide relief,” said Governor 
Newsom. 

Similar to an announcement last week by five major lenders, these financial institutions have 
committed to offering impacted homeowners a 90-day forbearance of their mortgage payments, 
without reporting these payments to credit reporting agencies, and the opportunity 
for additional relief. One additional federally chartered institution has also joined in the 
commitment.

Earlier this month, Assemblymember Harabedian introduced AB 238 to provide one year of 
mortgage relief to wildfire victims: 

• AB 238, Mortgage Deferment Act: Under the Mortgage Deferment Act, borrowers 
are entitled to request an initial forbearance of their monthly mortgage payments for up to 
360 days. This bill is inspired by the CARES Act, which provided mortgage payment forbearance 
to those experiencing financial hardship during the COVID-19 national emergency.

AB 238 will be heard in Assembly policy committees during the spring. 

Assemblymember John Harabedian represents the 41st District composed of the cities of La Cañada 
Flintridge, Pasadena, Altadena, Sierra Madre, Monrovia, Bradbury, San Dimas, La Verne, Claremont, 
Upland, Rancho Cucamonga, Oak Hills, Piñon Hills and Phelan.

POST OFFICE UPDATE

LOS ANGELES (CNS) - 

Some post offices that were affected by wildfires have resumed retail services and mail 
delivery in areas designated as ``safe'' throughout Los Angeles County, while some 
offices have been assigned temporary pickup locations, officials said today.

 Regular services have reopened at the La Canada Flintridge and Malibu Post Offices, 
according to the United States Postal Service.

 The following post offices' retail and delivery services have been relocated where 
customers will be able to pick up mail on the effective dates:

 -- ALTADENA POST OFFICE 2271 Lake Ave., mail pickup 

 location at Pasadena Post Office, 600 Lincoln Ave.;

 -- SIERRA MADRE, 

 ARCADIA (WHEELER)

 ARCADIA (DUARTE RD.)

 EAST PASADENA (Colorado Blvd) and 

 MONROVIA are operating on their normal schedule at 

 press time.

 The post office can forward mail to a temporary location to people who were affected. 
An Official Mail Forwarding Change of Address Order to reroute their mail, 
including packages and letters, can be completed at moversguide.usps.com, or by 
filling out a PS Form 3575 at any post office.

 More information about postal products and services can be found by

calling 800-275-8777. 

Additional retail locations can be found at tools.usps.com/locations/.


Mountain Views News 80 W Sierra Madre Blvd. No. 327 Sierra Madre, Ca. 91024 Office: 626.355.2737 Fax: 626.609.3285 Email: editor@mtnviewsnews.com Website: www.mtnviewsnews.com