Following the rally, Supervisor Avalos introduced a resolution – co-sponsored by Supervisors David Campos, Christina Olague, Jane Kim, Eric Mar and David Chiu, “Urging city and county officials and departments to protect homeowners from unlawful foreclosures.” The measure also urges mortgage and banking institutions, “especially San Francisco-based Wells Fargo,” to “suspend foreclosure activities and related auctions and evictions.”
Supervisor Avalos will introduce the resolution at the Board of Supervisors meeting at 2pm. The resolution expresses support for the California Homeowner Bill of Rights which are 5 legislative measures introduced at the California State Legislature and designed to provide basic standards of fairness and transparency in mortgage processing, community tools to prevent blight, tenant protections, enhanced law enforcement to defend homeowner rights, and a special grand jury to investigate foreclosure crime.
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