Florida Homeowners Find Little to Cheer in Deal With ‘Gangsters’

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Florida, the U.S. state with the highest percentage of troubled mortgages, may collect almost one-quarter of the national $25 billion foreclosure settlement. For Cheryl Alexander, who had a court halt the forced sale of her home, that’s not enough.

“We’re not sheep that can be led to the slaughter,” said Alexander, a 61-year-old who has been fighting to keep her Cape Coral house for four years. “These are fraudulent bankers and Wall Street gangsters who have to pay for what they’ve done.”