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JPMorgan providing forbearance to mortgage customers hit by Los Angeles wildfires
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JPMorgan providing forbearance to mortgage customers hit by Los Angeles wildfires
Jan 13, 2025 8:58 AM

(Reuters) - JPMorgan Chase's home lending unit is providing disaster forbearance to mortgage customers affected by the Los Angeles wildfires, the bank said on Monday.

Forbearance allows borrowers to temporarily pause repayments on their loans or pay lower amounts.

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