November 2012 Archives

Fla. AG reaches deal over $300 million settlement

November 2, 2012 | Miami Herald

Florida Attorney General Pam Bondi is signing off on a deal with the GOP-controlled Legislature over $300 million intended to help homeowners.
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Florida AG and lawmakers commit $260M bank settlement to help homeowners

November 2, 2012 | South Florida Business Journal

Florida Attorney General Pam Bondi has come to an agreement with the leaders of the Florida Legislature to use $260 million of the national mortgage settlement from big banks for homeowner relief in the state.
Bondi’s office helped secure $8.4 billion as part of the $25 billion settlement between 49 state attorneys general and the largest mortgage servicers. Bank of America (NYSE: BAC), Wells Fargo (NYSE: WFC), JPMorgan Chase (NYSE: JPM), Citigroup (NYSE: C) and Ally Financial/GMAC (NYSE: ALLY) were accused of filing foreclosure lawsuits with faulty information.
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Deal on $300 million foreclosure settlement

November 2, 2012 | WTVT-TV Fox News, Tampa

TALLAHASSEE (AP) – After a months-long feud, Florida’s attorney general and the state Legislature reached a deal Friday intended to clear the way for more than $300 million in mortgage settlement money to finally start flowing to those affected by the foreclosure crisis.
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Pam Bondi reaches deal over $300 million foreclosure settlement

November 2, 2012 | Miami Herald

TALLAHASSEE — Florida Attorney General Pam Bondi announced Friday she has reached a deal with the state lawmakers over how to use $300 million in foreclosure settlement money that has sat dormant since April as top officials have haggled over who had authority to spend the cash.
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Editorial: Good deal on fraud settlement

November 4, 2012 | Sarasota Herald-Tribune

Florida Attorney General Pam Bondi and legislative leaders have tentatively settled a dispute over how to distribute $334 million from the state’s mortgage-fraud settlement. Good for them and, if the Legislature keeps its end of the deal, good for Florida.
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Holding up housing help for Florida

November 9, 2012 | Tampa Bay Times

An agreement between Attorney General Pam Bondi and the state’s incoming legislative leaders over how to spend hundreds of millions of dollars from a national settlement over foreclosure abuses is too vague and too late. Bondi has been rightfully pushing to get the money spent quickly on help to homeowners facing foreclosure, but state lawmakers have been standing in the way. What they have finally agreed upon would delay most of the help until well into next year without specifically designating how the money would be spent. The agreement appears to be more concerned with the prerogatives of the Legislature than the interests of Florida’s struggling families.
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EDITORIAL: Bondi struck bad deal on $200 million from mortgage fraud settlement

November 11, 2012 | Palm Beach Post

Attorney General Pam Bondi assured Floridians that $300 million from a national mortgage settlement would go to distressed homeowners. She can’t keep that promise, though, because she’s given the Florida Legislature control over most of the money.
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EDITORIAL: Keeping housing funds in order

November 12, 2012 | Tampa Tribune

An agreement between Florida Attorney General Pam Bondi and lawmakers should ensure the bulk of the state’s mortgage settlement goes to deserving Floridians.
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Data show Florida’s housing market still healing slowly

November 13, 2012 | Miami Herald

New data on home foreclosures and negative home equity illustrate that Florida’s battered housing market is continuing to inch toward recovery but remains far from healthy.
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Florida keeps top foreclosure ranking

November 15, 2012 | Palm Beach Post

Florida maintained its leading spot nationally for foreclosure activity last month with a filing rate more than twice the national average.
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