On Monday, Governor Ralph DLG. Torres wrote letters to all CNMI banks respectfully requesting them to consider providing a three-month grace period for all loans, mortgages, promissory notes, and other monetary obligations owed from residents on Saipan, Tinian, and Rota during this economic downturn as a result of the unanticipated impact of the Novel Coronavirus outbreak, which has affected the global economy and CNMI tourism.