top Ad Widget

Collapse

Announcement

Collapse
No announcement yet.

Floridians who lost homes to receive $1,500 checks

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Floridians who lost homes to receive $1,500 checks

    January 25, 2014

    The Associated Press

    TALLAHASSEE, Fla. -- More than 1,700 Floridians who lost their homes to foreclosure will receive small payments as part of a national settlement with five major banks.

    Florida Attorney General Pam Bondi announced Friday that payments of $1,480 would be paid next week. A total of $2.5 million will be distributed.

    The state had previously announced that payments of $1,480 were paid to approximately 73,000 former homeowners who qualified for assistance under the settlement.

    Five lenders negotiated a $25 billion settlement in 2012 to end an investigation into foreclosure abuses.

    Florida — which has been hit hard by the foreclosure crisis and the collapse of the housing market — negotiated one of the largest shares in the settlement agreement with Ally Financial, Bank of America, Citigroup, JPMorgan Chase and Wells Fargo.

    "To go bravely forward is to invite a miracle."

    "Worry is the darkroom where negatives are formed."

    #2
    The only reason the foreclosure autosigning scam worked for the banks is becasue all those state judges didn't do their due dilegence. They are the ones who should be paying out of their own pockets for all the damage to people who were falsely foreclosed upon.

    Comment

    bottom Ad Widget

    Collapse
    Working...
    X