Florida Suspends Foreclosures, Evictions for 45 Days

first_imgHome / Daily Dose / Florida Suspends Foreclosures, Evictions for 45 Days  Print This Post Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Gov. Ron DeSantis has suspended all foreclosures and evictions in Florida for 45 days in response to the economic fallout from the coronavirus pandemic, Pensacola News Journal reports.DeSantis announced he had signed an executive order to give people relief facing foreclosure or evictions during a press conference in Tallahassee on Thursday.”I’m not sure you’re going to rent out a lot of new places right now anyways, but nevertheless you just never know how people act,” DeSantis said. “So, given the circumstances, I think that those suspensions are warranted.”According to a report from ATTOM Data Solutions, Florida holds some of the most at-risk counties in the country which are vulnerable to the economic impact of the coronavirus.”Just thinking about the scale of this, in 2019, Florida had a total of 307,701 claims for re-employment assistance,” DeSantis adds. “In the last two weeks, we received 348,511 claims.DeSantis also addressed the employment issues in the state. According to Pensacola News Journal, Florida’s unemployment system is cracking under the pressure to process claims with people having trouble filing applications online or reaching people by phone.”From August of 2018 to February of 2020, the contact center took a total of 2.39 million calls. DEO has taken 2.1 million calls this week alone,” DeSantis said. “We’re in a situation where this system is not handling the needs of the people of Florida in an adequate way. So, we need to do more to be able to get relief for the people of Florida.”DeSantis stated that he understands the problem, and is working to expand.”I wish I could say that this is just something that’s only going last a couple of weeks, but I think that this is not something that you can just turn on and off an economy like this,” DeSantis said. “So we need to expand the capacity, but just understand that this is going to be a problem that could be with us more than just a couple of weeks.” Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Eviction Florida Foreclosure 2020-04-07 Seth Welborn Florida Suspends Foreclosures, Evictions for 45 Days April 7, 2020 1,700 Views Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Foreclosure, News Previous: Ginnie Mae Approves Facility to Aid in Servicer Liquidity Next: House Financial Services Committee Preparing Foreclosure Halt Tagged with: Eviction Florida Foreclosure Sign up for DS News Daily About Author: Seth Welborn Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribelast_img

Leave a Reply

Your email address will not be published.Required fields are marked *