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Florida Homeowners Receive $3.6 Billion in Relief

Posted by Aaron R. Resnick | Jan 21, 2014 | 0 Comments

Editor note: This article was published on January 21, 2014 and describes Florida housing, foreclosure, and short sale conditions as they stood at that time. Market data, lender and government programs, and court timelines referred to here have changed since publication. It is kept as a record of that period and is not a current statement of Florida law or market conditions.

Five of the nation's largest banks have provided $3.6 billion in mortgage relief for Floridians as part of a nationwide foreclosure settlement, Attorney General Pam Bondi announced Monday. An additional $1.3 billion in modification relief is “in the pipeline,” Bondi said in a written statement. More at the Tampa Bay Times and the South Florida Sun-Sentinel.

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Aaron R. Resnick
Aaron R. Resnick

Aaron Resnick, a graduate of Leadership Miami, is a leader in the Miami's legal and cultural arts...

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