ING Direct, Wilmington, Del., has announced a payment moratorium for its Orange Mortgage customers whose homes were damaged or destroyed by wildfires in Southern California.The moratorium will allow customers to postpone their full mortgage payment for up to four months, based on a case-by-case determination of the severity of the loss, the company said. ING Direct can be found online at http://www.ingdirect.com.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry