An $8 billion effort to compensate Floridians who were caught up in the mortgage fraud that enveloped the country has only reached about half of those affected by crisis, state officials said Thursday.
While about 50,000 homeowners have secured financial assistance totaling $3.6 billion under a $32 billion national settlement reached with mortgage lenders last year, about 49 percent of eligible Florida residents have yet to apply, a statistic Florida Attorney General Pam Bondi said Thursday was “frustrating” as she tries to distribute the state’s share.
