A nationwide settlement between SunTrust Mortgage and a state and federal partnership amounts to over $500 million. Nearly 40 percent of the settlement will go to Floridians who financed their homes with SunTrust.
According to Whitney Ray of the Attorney General's Office, 8,400 Floridians have been targeted for direct cash payments. They are borrowers who lost their homes to foreclosure between 2008 and 2013.
06/17/14 - Tuesday's Topical Currents is an “At Your Service” edition, with community association attorney, Donna Berger. After returning to the law firm Becker & Poliakoff, she has been working to create new initiatives for community associations as well as addressing service animals and emotional-support animal requests in c
Homeowners covered by Citizens Property Insurance Corp. will see an average rate increase of 6.3 percent next year.
The increase, approved Monday by the Office of Insurance Regulation, is down from a 7.9 percent hike requested on the combined personal-lines and coastal accounts. Citizens officials previously said a 7.9 percent increase wouldn't be enough to cover the projected costs for next year.