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.