TALLAHASSEE “” Florida Attorney General Pam Bondi is quietly feuding with the GOP-controlled Legislature over who should have a say over more than $300 million intended to help homeowners.
Florida is directly receiving $334 million as part of its share of a national $25 billion settlement with five of the nation’s largest mortgage lenders. This is separate from an estimated $8 billion also expected to go to help homeowners and borrowers in the state.
St. Petersburg Times
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AG Bondi asked for input from the people of Florida on what to do with the money and we had until May 14th to do so. Every two weeks since the beginning of June I have e-mailed her office asking for an update on the plans for the money but have received no responses. My guess is that the money will already be used when they finally tell us what they have done with it. How much interest does 8 billion earn?