Meetings and the transcripts are available online. And mr. Clerk, are there announcements . Clerk please make sure to silence all cellphones and devices and any documents to be included as part of the file should be submitted to the clerk. The items appear on the board of supervisors agenda unless otherwise stated. Thank you, mr. Clerk. We i just want to call item number 7 out of order. Please call item number 7. On the grand jury report, accelerating San Francisco government performance taking accountability and transparency to the next level. We will continue this meeting to allow more time for the controllers and the Mayors Office to review the implementation of the recommendations and so at this time i want to open up this item for Public Comments. Seeing no Public Comment, Public Comment is now closed. Colleagues, can we take a motion to continue this item to the call of the chair. So moved. Clerk for clarity, madam chair, to the january 17th meeting or the call of the chair . In
Veterans panel investigates a type of home Loan Refinancing practice that targets for veterans and Service Members. The department of Veterans Affairs will propose a rule changes to the guarantee program to stop lenders from targeting and pressuring veterans to refinance their home loans. The Loan Guaranty Service and executive Vice President of the Government National mortgage association. [inaudible conversations] welcome to todays subcommittee on Economic Opportunity and the oversight hearing entitled home loan churning practices and how veteran homebuyers are being affected and how taxpayers can be affected. This is the second hearing was held in Congress Related to the Loan Guarantee program and the benefits provided to the american servicemembers and veterans on account of the program. As with the department of Veterans Affairs discusses in the testimony from the guarantee was over 23 million loans in excess of 2 trillion since the 1940s that represents millions of veterans come
[inaudible conversations] welcome to todays subcommittee on Economic Opportunity and the oversight hearing entitled home loan churning practices and how veteran homebuyers are being affected and how taxpayers can be affected. This is the second hearing was held in Congress Related to the Loan Guarantee program and the benefits provided to the american servicemembers and veterans on account of the program. As with the department of Veterans Affairs discusses in the testimony from the guarantee was over 23 million loans in excess of 2 trillion since the 1940s that represents millions of veterans come servicemembers and their families who have may not have otherwise been able to achieve the American Dream and while this program is one of the more wellrun programs at the va and i have some thoughts about why it is. The lenders are involved and there are more people involved in administering it in the private sector. Potentially unscrupulous lenders that have potential for the veteran homeb
[inaudible conversations] welcome to todays subcommittee on Economic Opportunity and the oversight hearing entitled home loan churning practices and how veteran homebuyers are being affected and how taxpayers can be affected. This is the second hearing was held in Congress Related to the Loan Guarantee program and the benefits provided to the american servicemembers and veterans on account of the program. As with the department of Veterans Affairs discusses in the testimony from the guarantee was over 23 million loans in excess of 2 trillion since the 1940s that represents millions of veterans come servicemembers and their families who have may not have otherwise been able to achieve the American Dream and while this program is one of the more wellrun programs at the va and i have some thoughts about why it is. The lenders are involved and there are more people involved in administering it in the private sector. Potentially unscrupulous lenders that have potential for the veteran homeb
Subcommittee will come to order. Good morning everyone and well konl to the subcommittee on equal opportunity. And home loan churning practices and how veteran home buyers are affected and additionally how taxpayers can be affected. This is the second oversight hearing we held this Congress Related to v. A. Loan guarantee program and the benefits provided to our American Service members and veterans on account of this program. As mr. London with the department of federal affairs discussing in his testimony v. A. Guarantees over 23 million loans in excess to trillion dollars since the 1940s representing millions of veterans, Service Members and their families who may not or otherwise achieve the American Dream. This program is one of the more well run program at the v. A. And i have thoughts about why it is, mainly because they guarantee it but the lender are in involved and they under ride it and more people involved in administering it in the private sector. They recently had concerns