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Hardest Hit Fund in Florida

Federal report: Florida lags in disbursing foreclosure aid

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Florida lags behind other states in using federal mortgage assistance money to help desperate homeowners facing foreclosure, and Florida has only drawn on half of the $1 billion available, according to a critical report released Tuesday. The report by the Special Inspector General for Troubled Asset Relief Program said only 22,400 homeowners have been helped by the Hardest Hit Fund in Florida, even though almost 110,000 homeowners have applied to the program. The U.S. Treasury Department had a goal of…

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