‘We want people to stay in their homes’: Mortgage lenders don’t expect a flood of foreclosures when moratorium ends

At Greenfield Savings Bank, about 20% of mortgage customers are in deferral, said President John H. Howland.

These are people who have told the bank they’ve suffered an economic loss from the coronavirus pandemic.

“It allows people to not make payments,” he said. “It basically goes on the back end of the mortgage.”

But now those deferrals of 30, 60 or 90 days are ending just as the statewide moratorium on mortgage foreclosures is set to end Saturday. A moratorium on residential evictions is also expected to sunset.

All are measures meant to soften the blow and guide households through COVID-19. But even with the moratoriums ending, local mortgage lenders don’t expect a rush of foreclosures to come sweeping through the system, as they did in the 2008-09 recession.

“We don’t know what is going to happen when the deferral period ends and people start payments,” Howland said. “We want

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Demonstrators call for state to extend moratorium on evictions and foreclosures

With the state moratorium on evictions set to expire on Oct. 17, nearly 100 protesters gathered outside the Park Street MBTA station at Boston Common on Sunday in support of a bill that would extend the ban.

The crowd surrounded a 6-foot sign reading, “Eviction Free Zone” and carried many handmade banners and placards supporting the bill, including several that said, “Stop 100,000+ Evictions.”

Advocates said the bill, which still needs to pass both branches of the Legislature and get approval by Governor Charlie Baker, would spare more than 100,000 households struggling due to the pandemic from displacement.

“We are just so anxious about what’s going to happen after Oct. 17,” said Lisa Owens, executive director of City Life/Vida Urbana, the tenants’ rights group that planned Sunday’s event.

“This is a crisis we can avert,” she said in a phone interview before the rally. “The clock is ticking,”

As the

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Eviction moratorium ends as coronavirus deaths continue to mount

Five days after allowing all businesses in the state to reopen so idled workers can return to their jobs, Gov. Ron DeSantis lifted a moratorium that protected people from losing their homes during the pandemic.



A West Palm Beach Emergency Management employee shows off masks that the city's Fire, Police and Emergency Management Departments are distributing to 17 elementary, middle and high schools in West Palm Beach city limits Wednesday, Sept. 16, 2020. The distribution of approximately 26,000 reusable, washable cloth masks is the city's effort to ensure students in the city have facial coverings when in-person schooling resumes. The masks were donated by Palm Beach County, purchased with funds from the CARES Act. The Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act, is the $2.2 trillion economic stimulus bill passed by congress. [LANNIS WATERS/palmbeachpost.com]


© Lannis Waters
A West Palm Beach Emergency Management employee shows off masks that the city’s Fire, Police and Emergency Management Departments are distributing to 17 elementary, middle and high schools in West Palm Beach city limits Wednesday, Sept. 16, 2020. The distribution of approximately 26,000 reusable, washable cloth masks is the city’s effort to ensure students in the city have facial coverings when in-person schooling resumes. The masks were donated by Palm Beach County, purchased with funds from the CARES Act. The Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act, is the $2.2 trillion economic stimulus bill passed by congress. [LANNIS WATERS/palmbeachpost.com]

With a nearly six-month moratorium on evictions

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Cuomo Extends Commercial Eviction Moratorium to Oct. 20

Governor Andrew Cuomo (Getty; iStock)

Governor Andrew Cuomo (Getty; iStock)

Commercial tenants are getting a small reprieve from Gov. Andrew Cuomo.

New York’s moratorium on commercial foreclosures and evictions will be in place until at least Oct. 20, Cuomo announced on Friday. The moratorium was set to expire Sept. 30, but the governor signed a new executive order extending the ban for another month.

But the state allowed commercial eviction warrants to be issued beginning Sept. 4 for cases that commenced before March 17, and some of those cases may now proceed.

Under Cuomo’s original order from March, initiating a proceeding or carrying out a commercial eviction for nonpayment of rent, or foreclosing on a commercial mortgage due to nonpayment is off limits.

The initial moratorium on evictions also included residential evictions and foreclosures, but those provisions have not been renewed. The initial blanket protections have been replaced by state legislation, according to Cuomo’s executive

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Gov. Ron Desantis lets Florida’s COVID-19 eviction moratorium expire

TALLAHASSEE, Fla. (WCJB) -Governor Ron Desantis permitted his executive order banning evictions and foreclosures on those experiencing financial hardship due to the pandemic to expire, Wednesday.

In a press release, the governor’s office said the expiration allows eviction protections to be handled by the Centers for Disease Control. At the federal level, there is currently a ban on evictions and foreclosures for those who fit particular criteria.

To be protected from losing their homes people must apply through the CDC. Under penalty of perjury, residents must assert the following points:

I certify under penalty of perjury, pursuant to 28 U.S.C. § 1746, that the foregoing are true and correct:

• I have used best efforts to obtain all available government assistance for rent or housing;1

• I either expect to earn no more than $99,000 in annual income for Calendar Year 2020 (or

no more than $198,000 if filing a

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DeSantis will let Florida’s eviction and foreclosure moratorium expire

For the first time since Gov. Ron DeSantis issued a moratorium in April, Florida will be without its own statewide protections against evictions and foreclosures during the coronavirus pandemic.

DeSantis announced Wednesday evening that he would be allowing the state moratorium to expire at 12:01 a.m. Thursday. In a news release, his office cited the federal order issued by the Centers for Disease Control and Prevention that freezes some evictions. For that order to apply, tenants must submit a specific declaration form to their landlords, saying, among other things, that they have experienced a “substantial loss of household income” and have made best efforts to seek government assistance.

In the release, DeSantis spokesman Fred Piccolo said the governor was allowing the moratorium to expire “to avoid any confusion over whether the CDC’s evictions order should apply in a particular circumstance.” Since the federal order was announced, lawyers and court staff

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Wolf won’t extend state’s eviction moratorium, office says


HARRISBURG, Pa. (AP) — Gov. Tom Wolf’s administration reiterated Monday that he will not extend his executive order

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Cuomo Extends Moratorium On Commercial Evictions, Foreclosures | News, Sports, Jobs

New York Gov. Andrew Cuomo
(AP Photo/Jacquelyn Martin, File)