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Florida to spend $60 million from banks settlement

By Gary Fineout
Published
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TALLAHASSEE, Fla. (AP) — Some of Florida’s share of a national $25 billion settlement with five of the nation’s largest mortgage lenders is finally going to start being spent.

But it’s unclear how immediate and how wide of an effect the money will have in one of the states hardest hit by the foreclosure crisis and the recession.

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