Florida is slowest state to disburse foreclosure aid

By Nina Lincoff

When it comes to disbursing federal foreclosure aid to homeowners, the Sunshine State lags all others states in the nation, according to a report released Tuesday by federal regulators.

Florida has $1 billion in Troubled Asset Relief Program funds, a federal relief pool funded by taxpayers. The federal government created the Hardest Hit Fund — a pool of $7.6 billion in TARP funds – in 2010, after the financial crisis, to help families in the states that were hardest hit when the housing bubble… …read more

From:: biz journal foreclosures

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