When Rachel Jonas and Rob Fagnani lost their home in California’s Palisades fire in January of 2025, they assumed mortgage relief would help. Instead, they’re facing the possibility of paying a year’s worth of mortgage payments on a home that no longer exists. Read Next: 3 Signs You’ve ‘Made It’ Financially, According to Financial Influencer Genesis Hinckley Explore Next: How Middle-Class Earners Are Quietly Becoming Millionaires — and How You Can, Too That’s because California law mandates only 12 months ...

So Mark, if you're in the Safe Plan right now, what is going to happen to your loans. >> Well, starting August 1st, they will start acrewing interest and that interest will be added to your loan balance. It won't be capitalized just yet, but uh you'll be in a general forbearance for at least another month, but you should consider switching into the incomebased repayment plan so that those monthly payments count towards eventual forgiveness. >> So, you you said you should expect to be in the forbearance peri ...