April 17, 2020
More than 10 million people applied for unemployment benefits in the last two weeks of March due to Covid-19 and some analysts predict the unemployment rate could climb to 25%. Florida was hit hard in the 2008 crash and many in the state fear the Covid-19 shut down could result in more foreclosures and bankruptcies seen in past recessions.
Joining the podcast to discuss what to do now to prepare your portfolio for increased defaults in Florida is Harris Howard, managing partner of the Howard Law Group. Harris focuses his practice on the representation of servicers and investors in real estate litigation.