Millions Face Eviction & Uncertainty
As states challenge the federal moratorium on evictions, families across the U.S. don’t know if they’re going to have a place stay. An avalanche of evictions could soon become a reality as renters owe $53 billion to landlords. The Texas Supreme Court lifted the moratorium on evictions on March 31. As a result, the Dallas-Fort Worth area has the third-most eviction filings in the country. The moratorium is scheduled to be lifted on June 30. According to the Aspen Institute, 40 million Americans are at risk of losing their homes.
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[…] efforts to avoid catastrophe in the residential sector were successful. There are early signs that residential evictions will be high. Whether the same will be true for foreclosures remains to be […]
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