-
When $25B won’t make a dent…
U.S. Renters Could Owe $70 Billion By January, when the federal eviction moratorium expires, 11.4 million households in the U.S. might be more than three months behind in their rent, or $6,000 each. By: Kriston CappsDecember 10, 2020, 11:36 AM Between past due rent, late fees and unpaid utility bills, Americans may collectively owe $70…
-
COVID – 19 Relief Bill – A Review of the Housing Provisions
The Covid-19 relief bill was just posted and includes the following provisions that will impact housing: Emergency Rental Assistance – There is $25B for rental costs including back rent, forward rent (limited to 3 months at a time), utility and other qualifying housing expenses. This will be targeted to 80% Area Median Income and below…
-
FHFA Extends Foreclosure Moratorium Through January
The Federal Housing Finance Agency has announced that single-family homeowners with mortgages backed by Fannie Mae and Freddie Mac will be protected from foreclosure for at least another month. The moratorium, previously set to expire on December 31, will instead last through January 31, if not later. The moratorium also applies to evictions. “This extension…
-
Florida foreclosure filings trend up as some fear a fall wave awaits
By John Haughey | The Center Square | 9/20/2020 Gov. Ron DeSantis extended Florida’s eviction and foreclosure moratorium until Oct. 1 last month, delaying what some fear will be a wave of foreclosures across the state once the ban is lifted. Those fears are justified if trends documented by mortgage date firm ATTOM Data Solutions…
-
CDC Issues Temporary Halt in Residential Evictions To Prevent the Further Spread of COVID-19
The Centers for Disease Control and Prevention (CDC), located within the Department of Health and Human Services (HHS) announces the issuance of an Order under Section 361 of the Public Health Service Act to temporarily halt residential evictions to prevent the further spread of COVID-19. Moratorium Summary: This Order continues the expired CARES ACT evictions…
-
Eviction cases pile up in the courts while tenants wait to see whether DeSantis extends moratorium
As renters wait to find out whether the governor will again extend the COVID-19-related eviction moratorium, hundreds of landlords are filing evictions cases against tenants they assert are taking advantage of the statewide ban, now ending its fifth month. Since his original moratorium took effect April 2, Gov. Ron DeSantis has made a habit of…
