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Hearing is entitled an examination of the federal Housing Administration and its impact on homeownership in america. And i now recognize myselffor four minutes to give an Opening Statement. Okay. There was a time when fhas policies explicitly denied access to the American Dream of Home Ownership to black families and people of color. Making owning a home a privilege afforded primarily to white americans and and contributing to the racial wealth gap as we knowit. As a Third Quarter of 2019, the white homeownership rate is 73 percent compared to nearly 40 percent for latinos and 43 percent or black homeowners. Today, fha lays an Important Role in o ....
There is no doubt that what has happened with mr. Pederson cast shadows over the employees of the office and the good work we do every day. Fellow prosecutors are shaking heads at the allegations. According a affidavit filed by the a. G. s office a search done last month of his Bank Accounts revealed Committee Funds were used to pay for items at grocery and Jewelry Stores and other retailers such as the guitar center. Last week investigators detained pederson in antioch while she seized his iphone abipad and appointment calendar looking for more evidence to support felony charges. There you know the appropriate criminal charges if the investigation supports it. Pederson claims he simply borrowed the money and had intended to pay it back. But the a. G. Affidavit states pederson failed to disclose hed borrowed any men. Inv ....
Look outside. You can see wet roads on the golden gate, bay bridge, san mateo and richmond bridge. mark good morning im mark danon. And im darya folsom. We have Team Coverage of the rain as you head out the door. First we want to start with James Fletcher in the Weather Center with more on the timing of this storm. Scattered showers are forecast across the region this morning with a chance of afternoon thunderstorms, gusty winds and hail. Well see the same pattern tomorrow morning. Drying conditions will briefly set in wednesday afternoon into thursday ahead of another approaching storm. Fridays system will likely be the most potent of the week and result in widespread rainfall, stronger southerly winds and a greater potential for flooding. Unsettled conditions may then continue into early next week. No major hot spots. D ....