From the NY Post: Homeowners will still have to make good on the payments, but they will be tacked onto the back end of their mortgage agreements, sans late fees, Cuomo said.
“Eliminating that stressor for 90 days, I think, will go a long way,” he said, noting that the offer could be extended beyond 90 days depending on how the fight against the contagion plays out.
So, according to this, I don't think what the bank said was right. But it you have 10 years left on your mortgage I guess it is 10 years and 3 months?