Florida residents who lost homes to receive checks - WRBL

Florida residents who lost homes to receive checks

Posted: Updated:
The state's Attorney General Pam Bondi announced the settlement on Friday. The state's Attorney General Pam Bondi announced the settlement on Friday.
TALLAHASSEE, FL (WFLA) - More than 1,700 Floridians who lost their homes to foreclosure will receive small payments as part of a national settlement with five major banks.

Florida Attorney General Pam Bondi announced Friday that payments of $1,480 would be paid next week. A total of $2.5 million will be distributed.

Do you tweet? We do! Join us on http://8.wfla.com/1dsYrjS

The state had previously announced that payments of $1,480 were paid to approximately 73,000 former homeowners who qualified for assistance under the settlement.

Five lenders negotiated a $25 billion settlement in 2012 to end an investigation into foreclosure abuses.

Florida - which has been hit hard by the foreclosure crisis and the collapse of the housing market - negotiated one of the largest shares in the settlement agreement with Ally Financial, Bank of America, Citigroup, JPMorgan Chase and Wells Fargo.

  • 8 On Your SideMore>>

  • Squatters moving out of New Port Richey soldier's home

    Squatters moving out of New Port Richey soldier's home

    Wednesday, April 23 2014 11:28 PM EDT2014-04-24 03:28:18 GMT
    Squatters begin moving out of Spc. Michael Sharkey's home on Wednesday night.Squatters begin moving out of Spc. Michael Sharkey's home on Wednesday night.
    Our 8 On Your Side story about a New Port Richey soldier who says his home has been taken over by squatters is striking a nerve in the community and now, the squatters are moving out. 
    Our 8 On Your Side story about a New Port Richey soldier who says his home has been taken over by squatters is striking a nerve in the community and now, the squatters are moving out.  
  • Pricey processing issue at Tampa hair academy resolved

    Pricey processing issue at Tampa hair academy resolved

    Wednesday, April 23 2014 9:35 AM EDT2014-04-23 13:35:13 GMT
    Loretta Maloy says she always expected to pay for the courses she took those several weeks, but thought $10,000 in loans just wasn’t right.
    Loretta Maloy says she always expected to pay for the courses she took those several weeks, but thought $10,000 in loans just wasn’t right.
  • New Port Richey soldier says squatters won't leave his home

    New Port Richey soldier says squatters won't leave his home

    Wednesday, April 23 2014 8:58 AM EDT2014-04-23 12:58:50 GMT
    Soldier & homeowner Michael Sharkey was deployed to Afghanistan two years ago. Facebook photoSoldier & homeowner Michael Sharkey was deployed to Afghanistan two years ago. Facebook photo
     When soldier Michael Sharkey was deployed to Afghanistan two years ago, he asked a friend to watch over his New Port Richey house. Now, they're fighting to get their house back.
    When soldier Michael Sharkey was deployed to Afghanistan two years ago, he asked a friend to watch over his New Port Richey house. Now, they're fighting to get their house back.
  • NewsMore>>

  • MH370: Object found on coast not related to lost plane

    MH370: Object found on coast not related to lost plane

    Thursday, April 24 2014 12:38 AM EDT2014-04-24 04:38:37 GMT
    The object, found Wednesday, was described as a torn and misshapen piece of sheet metal with rivets, coated with fiberglass.
    The object, found Wednesday, was described as a torn and misshapen piece of sheet metal with rivets, coated with fiberglass.
  • Squatters moving out of New Port Richey soldier's home

    Squatters moving out of New Port Richey soldier's home

    Wednesday, April 23 2014 11:28 PM EDT2014-04-24 03:28:18 GMT
    Squatters begin moving out of Spc. Michael Sharkey's home on Wednesday night.Squatters begin moving out of Spc. Michael Sharkey's home on Wednesday night.
    Our 8 On Your Side story about a New Port Richey soldier who says his home has been taken over by squatters is striking a nerve in the community and now, the squatters are moving out. 
    Our 8 On Your Side story about a New Port Richey soldier who says his home has been taken over by squatters is striking a nerve in the community and now, the squatters are moving out.  
  • Bollywood Oscars kickoff with huge party

    Bollywood Oscars kickoff with huge party

    Wednesday, April 23 2014 11:23 PM EDT2014-04-24 03:23:09 GMT
    IIFA star Anil Kapoor is surrounded by fans at the IIFA Stomp event at Tampa's Curtis Hixon ParkIIFA star Anil Kapoor is surrounded by fans at the IIFA Stomp event at Tampa's Curtis Hixon Park
    The International Indian Film Academy kicked off the countdown to its version of the Oscars with a music festival in downtown Tampa.
    The International Indian Film Academy kicked off the countdown to its version of the Oscars with a music festival in downtown Tampa.
  • Sign up for WFLA News Channel 8 Email Alerts

    * denotes required fields






    Thank you for signing up! You will receive a confirmation email shortly.
Powered by WorldNow

1350 13th Avenue
Columbus, GA 31901

Telephone: 706.323.3333
Fax: 706.327.6655
Email: news@wrbl.com

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.