Florida Attorney General Pam Bondi reached out to Florida residents this past week, asking them for ideas on how the state should spend the $300 million it received from the national mortgage servicing settlement.
Bondi’s office is allowing members of the public to make suggestions by submitting a form through the AG’s website.
The $300 million is part of the nationwide mortgage servicing settlement between state AGs and the big banks. The settlement was designed to solve the robo-signing crisis, compensate homeowners impacted by foreclosure processing issues and allow banks to resolve billions of dollars in foreclosure issues in one sweeping settlement.
Bondi’s office will be taking suggestions on how to spend the money through May 14 at 5 p.m.
The funding can be used to pay for housing counselors, foreclosure assistance hotlines, mediation programs, legal counsel for homeowners, housing remediation projects, anti-blight missions, fraud combating and more.
kpanchuk@housingwire.com
