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Gov. Gavin Newsom updates the state's response to the coronavirus at the Governor's Office of Emergency Services in Rancho Cordova, Calif., Monday, March 23, 2020. Newsom said he would close parking lots at dozens of beaches and state parks to prevent the spread of coronavirus after large groups flocked to the coast and mountains to get outdoors on the first weekend since the state's stay-at-home order took effect. (AP Photo/Rich Pedroncelli, Pool)

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California governor: 5 big banks suspend mortgage payments
March 25, 2020 8:16 p.m.

California governor: 5 big banks suspend mortgage payments

SACRAMENTO, Calif. (AP) — Five of the nation's largest banks have agreed to temporarily suspend residential mortgage payments for people affected by the coronavirus, California Gov. Gavin Newsom said Wednesday.