Bondi “didn’t feel the banks were as liable as the media portrayed them to be, and people shouldn’t have gone ahead and signed the mortgage paperwork, and that they knew what they were getting into.”
Critics: Bondi lax in pursuing big mortgage lenders amid continuing foreclosure crisis
As attorneys general in other foreclosure-battered states step up their investigations into fraudulent mortgage practices by large U.S. banks, some Florida groups are accusing state Attorney General Pam Bondi of being soft on the giant lenders.
Florida’s Democratic state senators recently released a video (see below) that targets Bondi, a Republican elected to a nonpartisan office. Titled “Ignoring the Florida Foreclosure Crisis,” the video contrasts new fraud investigations launched by California Attorney General Kamala Harris with controversial forced resignations of two key mortgage-fraud investigators in Bondi’s Fort Lauderdale office.
A coalition of religious leaders, homeowners and others has scheduled events Wednesday in Orlando and Miami that will include calls for an investigation into ongoing mortgage-fraud settlement talks between major U.S. lenders and state attorneys general from across the country — talks in which Bondi is a key player. The coalition, known as PICO United Florida, describes the current negotiations as “deeply flawed.”
Meanwhile, Orlando-area members of a faith-based nonprofit group called Focus complain that they have come away from meetings on foreclosure-settlement issues with Bondi representatives in recent months disappointed with what they describe as a seeming lack of interest in foreclosure fraud.
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