Florida Office of Financial Regulation · FL
CFO Jimmy Patronis: Financial Institutions and Lenders Must Step Up for Florida Homeowners and Businesses During COVID-19 Crisis
March 31, 2020
Summary
The Florida Office of Financial Regulation and CFO issued a statement urging financial institutions and mortgage lenders in Florida to voluntarily provide COVID-19 relief to homeowners and businesses, including payment accommodations and forbearance. The statement does not impose new legal obligations; it encourages continued cooperation with borrowers and provides a helpline for consumers needing help contacting their lender.
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Tallahassee, Fla. – Following a recent call with the Office of Financial Regulation (OFR), Chief Financial Officer (CFO) Jimmy Patronis released the following statement to encourage financial institutions and mortgage lenders to continue to provide relief for Florida homeowners and businesses dealing with financial impacts of COVID-19 pandemic.
CFO Jimmy Patronis said, “The COVID-19 pandemic has disrupted our state’s economy and left Florida families looking for answers. As we’ve seen in California and New York, the nation’s top mortgage lenders have offered relief options to families in need. I applaud these institutions for working with their customers, and today I asked OFR to continue to work closely with financial institutions and lenders across our state to ensure they are stepping up for Florida homeowners and businesses and providing needed relief for communities reeling from this public health crisis. We must work together to do whatever it takes to limit the financial burden of COVID-19 on hard-working Floridians.”
OFR Commissioner Russell Weigel said, “We thank CFO Patronis for raising awareness of the financial impacts of COVID-19. The ripple effect of this pandemic is being felt at every level of our financial system. It’s my top priority to ensure that Florida families get the help they need from their financial service provider(s). Our dedicated team continues to be in touch with financial institutions and lenders across the state, and we’re here to serve you. If you need help contacting your lender, please don’t hesitate to give us a call (850) 487-9687 or visit us online, www.flofr.gov.”
For more information and a list of financial institutions and lenders response to COVID-19, visit the OFR website here.
Common questions
- What does "CFO Jimmy Patronis: Financial Institutions and Lenders Must Step Up for Florida Homeowners and Businesses During COVID-19 Crisis" cover?
- The Florida Office of Financial Regulation and CFO issued a statement urging financial institutions and mortgage lenders in Florida to voluntarily provide…
- Which agency issued this update?
- This update was issued by Florida Office of Financial Regulation.
- When was it published?
- It was published on March 31, 2020.
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