Remember how the settlement funds were going to “help” consumers? Well, the banks win again…..the funds are being used to help consumers get kicked out of their homes faster:
TALLAHASSEE — Legislative budget-writers are shifting more of Florida’s national mortgage settlement dollars into programs targeting the homeless, low-income college students, and foreclosure-clogged courts.
The Senate on Thursday offered a new amendment to SB 1852 that re-allocates how the state will divvy out $200 million from the settlement, diverting $41 million to courts and legal aid, $20 million for Habitat for Humanity, and $10 million to domestic violence centers around the state.
ORLANDO SENTINEL
National Mortgage Foreclosure Fraud Settlment Funds: Consumers Kicked in The Teeth, Funds Diverted….(surprised?)
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