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Florida gets $8.4 billion in national foreclosure settlement

Post on Politics

Florida will get $8.4 billion of a $26 billion nationwide foreclosure settlement reached following what U.S. Attorney General Eric Holder called “disturbing practices” at the country’s biggest banks.

Florida Attorney General Pam Bondi, a top negotiator for the states involved in the lawsuit, said prosecutors and banks had reached a deal that “provides Floridians with much-needed relief and reforms the mortgage-servicing industry.”

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