Attorney General Pam Bondi News Release
Forms must be completed and returned by Jan. 18, 2013, in the envelope provided, or they can be filed online at NationalMortgageSettlement.com. Claims received after January 18th may be considered, but payment to those claimants is not guaranteed.
Payment checks are expected to be mailed in mid-2013. The amount of the payment will be the same for all claimants and depends on the number of eligible claims received. Payments will be a minimum of $840, but higher payments to each eligible consumer are expected.
This $25 billion settlement between the nation’s five largest mortgage servicers and the federal government and 49 states and the District of Columbia, earmarked approximately $1.5 billion in payments for 2 million borrowers nationwide. In Florida, approximately $170 million is available for cash payments to Florida borrowers. All available funds will be distributed to those who file claims; none of this money will be returned to the banks or used by the states for any other purpose.
For more information about eligibility and filing a claim:
Call toll-free: 1-866-430-8358 (hearing impaired: 1-866-494-8281). The line is staffed Monday through Friday from (7 a.m. to 7 p.m. Central).