Hand with funny fingers holds white paper house figure on blue background. Real Estate Concept. Ecological building. Copy space top view
New York Gov. Andrew Cuomo said the state will waive mortgage payments for the next 90 days, based on financial hardship, due to the impacts of the coronavirus.
“If you are not working, if you are working only part-time, we’re going to have the banks and financial institutions waive mortgage payments for 90 days,” Cuomo said. The governor also said that he is ordering that fees be waived for overdrafts, ATMs and credit cards.
In March, Cuomo issued a mandatory in-office workforce cap, saying that only 50% of workers could be present. He later expanded that, saying that only 25% of workers could be in the office. The order does not include essential services such as food services, pharmacies, shipping and ground transportation.