Fla. AG Pam Bondi urged to get tough on foreclosure deal
Fla. AG urged to get tough on foreclosure deal
TALLAHASSEE, Fla. — Religious and community groups urged Attorney General Pam Bondi on Monday to take a tougher stance on a proposed settlement with the nation’s five largest mortgage lenders over deceptive foreclosure practices.
A pair of ministers and an evicted former homeowner delivered a letter after holding a news conference outside Bondi’s office at the Capitol.
They contend the proposed $25 billion national deal that Bondi supports doesn’t go far enough. They say that’s because the negative equity on homes in Florida alone is about $120 billion.
“We want her to use her position to advocate for families all across the state of Florida who are struggling to stay in their home,” said the Rev. Errol G. Thompson Sr., board chairman of PICO United Florida.
The Rev. Russell Meyer, a Lutheran minister who serves as executive director of the Florida Council of Churches, said putting people out of their homes is hurting Florida’s economy as well as families.
“It has children living out of cars and then looking for a warm meal when they go to school,” Meyer said. “This is not life. This is not what we’re meant to have.”
Bondi spokeswoman Jennifer Meale said in an email that their concerns are “misguided” because the settlement would provide a historic level of monetary relief and will overhaul the mortgage industry.