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Back to Which Way, L.A.?

Which Way, L.A.?

Will a Federal Foreclosure Deal Help Californians?

President Obama announced a $26 billion settlement today with 49 state attorneys general and five major banks. He said it will "end some of the most abusive practices of the mortgage industry and begin to turn the page on an era of recklessness." California's Attorney General, Kamala Harris, was one of the last to get on board.

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By Warren Olney • May 12, 2014 • 1 min read

President Obama announced a $26 billion settlement today with 49 state attorneys general and five major banks. He said it will "end some of the most abusive practices of the mortgage industry and begin to turn the page on an era of recklessness." California's Attorney General, Kamala Harris, was one of the last to get on board. We hear from her and from Yvonne Maria Jimenez, Deputy Director of Neighborhood Legal Services of Los Angeles County, which is advising families facing foreclosure in the North San Fernando Valley.

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    Warren Olney

    former KCRW broadcaster

  • Sonya Geis with wavy brown hair wearing a black dress with red accents and decorative earrings against a white background.

    Sonya Geis

    Senior Managing Editor

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    Anna Scott

    Former KCRW Housing and Homelessness Reporter

  • KCRW placeholder

    Katie Cooper

    Producer, 'One year Later'

  • KCRW placeholder

    Kamala Harris

    California Senator, one of the Democrats running to be president in 2020

  • KCRW placeholder

    Yvonne Maria Jimenez

    Neighborhood Legal Services of Los Angeles County

    News
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