Wednesday, 5 August 2020

Eviction, foreclosure freeze in Florida delaying inevitable flood of cases

Florida Gov. Ron DeSantis’ latest extension of the ban on residential foreclosures and evictions is expected to flood the courts with new filings once it is lifted, as layoffs continue to mount and federal funding runs out, real estate attorneys told The Real Deal. “Mortgage lenders are getting nervous that the people they’re lending money to are no longer getting paid,” said Victor Petrescu, a partner at Miami-based Levine Kellogg Lehman Schneider + Grossman. The



source https://therealdeal.com/2020/08/05/eviction-foreclosure-freeze-in-florida-delaying-inevitable-flood-of-cases/

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