Posts Tagged: $100 billion
Illustration of a perspn getting mortgage information online. (Image: Rawpixel.com, via Shutterstock)
OPINION: When Californians think about home mortgages, we typically think of banks. But the top three mortgage lenders in California aren’t banks, they’re financial technology or “fintech” lenders. Typically known as nonbanks, they generally operate online only, have no branches and take no deposits.
Gov. Gavin Newsom shown at an earlier Capitol briefing. (Photo: AP/Rich Pedroncelli)
Gov. Gavin Newsom unveiled an unprecedented $100 billion economic recovery package for California that taps state and federal money, while providing a new round of $600 stimulus checks to most Californians and covering missed payments for millions of renters.