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Problems with Foreclosure Moratorium

December 23rd, 2008 by Mike Vasilinda

There have been reports from some counties that a voluntary moratorium on mortgage foreclosures has not worked. Manatee County, on the state�s west coast is showing the same number of foreclosures as last month. Asked about the trend, the Governor says he thinks the moratorium, on whole, is working.

�We have no indication that it�s not working,� Crist said. �So I certainly hope that it is.�

In early December, The Governor and the state�s bankers said they would hold off on foreclosures for 45 days.

Posted in Charlie Crist, Economy, Housing, State News | No Comments »

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