Wanted it to do, which is billed build relationships with the city and Cable Partners and gather great programming for American History tv and book tv. Watched the cities to her on the cspan networks to see where we are going next. See our schedule at www. Cspan. Org citiestour. Next, housing and urban Development Secretary and members of the Recovery Team present a Media Briefing on the gulf Recovery Efforts in the 10 years since hurley Hurricane Katrina. This is just under one hour. Good morning. We want to welcome you for the Media Briefing ahead of the 10year anniversary of Hurricane Katrina. Today you will hear from secretary castro and senior policy experts who have worked tirelessly on the gulf recovery from day one. Before i turn it over to secretary castro, i want to let you know we will be taking questions from the media as well as viewers on the webcast and cspan2. Link urge you to send questions via twitter we encourage you to send questions via twitter or by email. H. U. D
They will turn to journalists to recount what so many indoor it and what none of us can forget. Amid the devastating numbers more than 1800 lives lost. And more than 1 million americans displaced, a million homes destroyed across five states. 150 billion in economic damage. Amid all of those numbers, americans will also look for answers. How much progress have we made in the years since katrina particularly in new orleans which was the hardest hit community and what are we doing to continue supporting the housing and overall recovery in the affected communities . Today is about providing answers but its also about more than that. We are also reaffirming their commitment to the people of the gulf to continue working with them and for them until the job of recovery is complete. You see, as long as there are people who want to come home and communities that need to be rebuilt, our job is not done. Thats the true meaning of commemoration. Not to simply mark a day on our calendars but to en
We need to take him on the maury show. America, you are not the father. Want to say one last thing. The only reason i am nervous this time is because my family is here. They have never come to anything of mine. I want to tell you guys i love you and i and everything i am and will be because someone took the time to love me and care about me. [applause] Immortal Technique i want to say also we are on the right side, ladies and gentlemen. Illegal war, antidrone, antiracism, antisex discrimination. Give ourselves a round of applause for being on the right side of every issue in this country. [applause] shertal technique and now, is going to sing for us the national anthem. Please. Ms. Franklin he is a little too silly for me. I know we are short on time but there are two things i wanted to share. We talked about black lives matter and a black folks go into the street. Know important for us to for the past 40 years, we have been in a counterrevolution. Within the counterrevolution, often t
Adjusted are complicated. So what were trying to do now is get through an analysis of not only fico 8 and 9 but an alternative scoring credit scoring model and try to come up with a system that is a better system and then adjust the operational things that it would take to let me cut you off there. I only have a little bit of time. I encourage you to put pedal to the medal in that regard. We have pedal to the medal. We are at it. I guarantee you. Im not quite persuaded of that, but thank you for pursuing it because a lot of people would be more fairly treated with an appropriate credit model. I wanted to turn to first place insurance. Theres been reports from npr and ap recently but these issues go back a long ways. Its something ive been pointing out a long way. The kick backs that go to mortgage insurance often drive people into foreclosure and of course that has an impact on your agency. I understand that in june you all did issue a requirement that these kickbacks ind, whether they
If we know were getting good loans and weve done our Due Diligence at the front end, then we can weve got more control over that process. But i can assure you that when theres fraud or misrepresentation in the process, we will retain the ability to put back loans throughout the life of the loan. I hope that means youre vigilant that the tendency here could be that this gives banks the benefit of the doubt that homeowners dont get, but i know your values and i know what youre doing in that job and i know youll be vigilant about that. Speaking of potential fraudulent activity that you mentioned a second ago. The New York Times highlighted fanny and freddies use of debt collectors to pursue families who lose their homes to foreclosure for any debt that wasnt covered by the value of their home as it was under water. Homeowners just starting to get back on their feet for a year or two years or even longer can find themselves with tens of thousands of dollars of new debt, depending on their