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The Daily Cartoon and Live Briefing: Monday, May 13, 2024
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supervisor avalos: 54 your presentation and for your work and for the attorney general s work on this problem that we have. just a few questions that i have. one, in particular, to start off with, talking about a settlement in san francisco. $18.10 billion. is that correct? that is the expectation. 12 billion in principal relief and other money. supervisor avalos: given the foreclosures are a statewide problem, and that there are places that are very hard hit, even greater in terms of concentrations on whole cities and communities that are impacted, how do you see san francisco benefiting or getting services from the settlement? and what can we do to make sure that we are pursuing that for households that are struggling? i think that is a great question, and it is a question that we re answering ads similar informational sessions around the state. we went to long beach and are going to san diego sent to have a discussion very much like this one. there are a couple of thin
i think that is a great question, and it is a question that we re answering ads similar informational sessions around the state. we went to long beach and are going to san diego sent to have a discussion very much like this one. there are a couple of things. first, there will be a ramp up of the settlement. the settlement funds are not going to be able to bathe or potentially next week, but after the judge approves the settlement, there will be a period for public to apply. those who are hardest hit are often those that are the hardest to reach. they feel they have been burned so bad by their bank, they do not want to call again to have their call lost or to be rerouted. using organizations like a leading organization that we work with in the attorney general s office as well, finding a way to do real, face- to-face retail engagement in the foreclosure hot spots in box d9 and d10 and d11, that is important. we do have a payment from the banks. there will be more detail in t
and what can we do to make sure that we are pursuing that for households that are struggling? i think that is a great question, and it is a question that we re answering ads similar informational sessions around the state. we went to long beach and are going to san diego sent to have a discussion very much like this one. there are a couple of things. first, there will be a ramp up of the settlement. the settlement funds are not going to be able to bathe or potentially next week, but after the judge approves the settlement, there will be a period for public to apply. those who are hardest hit are often those that are the hardest to reach. they feel they have been burned so bad by their bank, they do not want to call again to have their call lost or to be rerouted. using organizations like a leading organization that we work with in the attorney general s office as well, finding a way to do real, face- to-face retail engagement in the foreclosure hot spots in box d9 and d10 a
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