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Light traffic and a mostly empty parking lot is seen along Pacific Coast Highway at the Santa Monica Pier, Monday, March 23, 2020, in Santa Monica, Calif. Officials are trying to dissuade people from using the beaches after California Gov. Gavin Newsom ordered the state's 40 million residents to stay at home indefinitely. His order restricts non-essential movements to control the spread of the coronavirus that threatens to overwhelm the state's medical system. (AP Photo/Mark J. Terrill)

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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.