Florida AG Stands Behind Crappy Nationwide Foreclosure Fraud Settlement She Helped Negotiate

In West Palm Beach, Florida, The Palm Beach Post reports:

• Florida Attorney General Pam Bondi stood by the 50-state attorneys general settlement with the nation's biggest banks on Thursday as California and Delaware formally rejected the proposal she helped negotiate.



• Bondi said Floridians can't wait for foreclosure relief and that the draft proposal sent to states on Monday addresses California's concerns.



• "The settlement under discussion contains all the elements California purports to be looking for; transparency, substantial relief for distressed homeowners, and strict enforcement," Bondi said Thursday.



• "Florida's homeowners need relief now, and protracted and uncertain litigation would be contrary to their best interests." Bondi is on a core team working with the nation's five biggest banks to settle an investigation into mortgage servicing and foreclosure wrongdoing.

For more, see Florida Attorney General bashes states that rejected nationwide foreclosure settlement.