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California Bill Would Need Mortgage, Car and SPEED Forbearances and Restrict Payday Lending

California Bill Would Need Mortgage, Car and SPEED Forbearances and Restrict Payday Lending Through an amendment to Assembly Bill 2501, California Assembly Banking and Finance Chair Monique Limon has introduced sweeping forbearance legislation that could influence single-family and multifamily mortgages, auto-secured funding, Property Assessed Clean Energy (SPEED) financing, and pay day loans. Called the COVID-19...