Yesterday evening, June 30, 2020, Florida Governor Ron DeSantis issued an executive order extending his moratorium on mortgage foreclosures. The moratorium was scheduled to expire on July 1, 2020 but based on the Governor’s most recent executive order it is now extended to August 1, 2020. It remains to be seen whether he will continue to extend the moratorium beyond August 1, 2020.

As has been the case with prior executive orders, we must suspend and place on hold all mortgage foreclosures currently pending in Florida until August 1, 2020. This means we may not file any new cases, proceed with any hearings or foreclosure sales that may be scheduled before August 1, 2020, seek any defaults, complete service of process or move for entry of a final judgment of foreclosure. If further executive orders are issued or further guidance is provided by the Courts or Executive Branch related to this most recent order, we will reevaluate and provide further insight and guidance.

In addition to the moratorium imposed by the Governor, Fannie Mae and Freddie Mac have issued a moratorium on their foreclosures until August 31, 2020. There is an exception to this moratorium in that foreclosures on any property deemed abandon or vacated can proceed once the Governor’s moratorium ends.

We are continuing to monitor all COVID related developments as it pertains to foreclosure and Creditor’s Rights, so if you have any questions or concerns, please do not hesitate to reach out to myself or one of the other attorneys at Sorenson Van Leuven.

The training will be held via Zoom, and we encourage you to log in using a computer, tablet, or smartphone so that we can see each other and participate in more of a “face to face” meeting. We ask that you RSVP for this event by emailing Cathi at cathib@svllaw.com no later than Monday, July 13th, at 5:00 p.m. Upon receiving your RSVP, Cathi will send you an email with the password for entering the zoom meeting. You will not get the password to join the meeting unless you RSVP.

This meeting will be recorded, and those who RSVP will get access to a copy of the recording.

If you plan to attend, remember to mark your calendar and copy the link below into your calendar for future reference. We look forward to your participation.

The training will be held via Zoom, and we encourage you to log in using a computer, tablet, or smartphone so that we can see each other and participate in more of a “face to face” meeting. We ask that you RSVP for this event by emailing Cathi at cathib@svllaw.com no later than Monday, July 6th, at noon. Upon receiving your RSVP, Cathi will send you an email with the password for entering the zoom meeting. You will not get the password to join the meeting unless you RSVP.

This meeting will be recorded, and those who RSVP will get access to a copy of the recording.

If you plan to attend, remember to mark your calendar and copy the link below into your calendar for future reference. We look forward to your participation.

Foreclosure Moratorium

On June 1, 2020, Governor Ron DeSantis issued Executive Order Number 20-137, which extends the moratorium on mortgage foreclosures in Florida until July 1, 2020. The moratorium on foreclosures was previously scheduled to expire on June 2, 2020. As has been the case with prior executive orders, we are continuing to take the position that we must suspend and place on hold all mortgage foreclosures currently pending in Florida until July 1, 2020. This means we may not file any new cases, proceed with any hearings or foreclosure sales that may be scheduled before July 1, 2020, seek any defaults, complete service of process or move for entry of a final judgment of foreclosure. If further executive orders are issued or further guidance is provided by the Courts or Executive Branch related to this most recent order, we will reevaluate and provide further insight and guidance.

If you have any questions or concerns regarding this most resent order or any other matters related to Covid-19, please do not hesitate to reach out to myself or one of the other attorney’s at Sorenson Van Leuven.

Foreclosure Moratorium

On May 14, 2020, Governor Ron DeSantis issued Executive Order Number 20-121 (“Order”). The Order extends the moratorium on mortgage foreclosures in Florida as provided in Executive Order 20-94 until June 2, 2020. As a result of this Order, we are continuing to take the position that we must suspend and place on hold all mortgage foreclosures currently pending in Florida until June 2, 2020.

This means we may not file any new cases, proceed with any hearings or foreclosure sales that may be scheduled before June 2, 2020, seek any defaults, complete service of process or move for entry of a final judgment of foreclosure. If further executive orders are issued or further guidance is provided by the Courts or Executive Branch related to this Order, we will reevaluate and provide further insight and guidance.

In addition to the Governor’s Executive Order, Fannie Mae issued Lender Letter ((LL-2020-02) which extends the suspension of mortgage foreclosure related activities on Fannie Mae loans through June 30, 2020. Please note that this suspension does not apply to mortgages where the servicer has confirmed that the property has been abandon or is vacant. Freddie Mac has issued a similar directive by suspending mortgage foreclosure related activities until June 30, 2020.

If you have any questions or concerns regarding this Order or any other matters related to Covid-19, please do not hesitate to reach out to myself or Jim Sorenson.