Attorney General Pam Bondi said on Monday that they will have until Jan. 18, 2013 to submit claims.
Those eligible lost their homes to foreclosure between Jan. 1, 2008 and Dec. 31, 2011.
They had mortgages with Ally/GMAC, Bank of America, Citi, JPMorgan Chase and Wells Fargo.
The attorneys general of 49 states and the District of Columbia obtained the settlement in response to lender abuses.
That includes “robo-signing'' _ the practice of hiring people to sign foreclosure documents in assembly line fashion with little or no knowledge of what they were doing.