we are trying to get the fha firm commitment in the next two days.cument, which is 100% negotiated, is ready to be executed. we are trying to do the best we can to meet our local hiring needs for the city. we are not hiring just 50% of the initial entry. we are guaranteed to hire 100% -- supervisor chu: thank you. are there any other members of the public of which to speak on this item? seeing none, public comment is closed. the item is before the committee. supervisor mirkarimi: motion to accept. supervisor chu: supervisor kim? supervisor kim: i am not sure who i ask this question to, but my understanding is amd was the initial response to do the work to train soma residents in order to help meet the goals of employing at least 30% soma residents for additional employment. my understanding now is that citybuild will be doing that work. i wonder if i could ask some questions? i guess i'm curious as to how we are going to ensure we do the proper outreach to soma residents, in order to get them the training they need to qualify for the jobs on this pro

they say people counting on fha mortgages could have their loans delayed. private lenders would be unsure whether to approve loans that need federal endorsements. they said a delay of more than a few days could have a broader impact. >>> a change of heart by muni about that bus driver caught on camera texting behind the wheel. >>> the idol hopeful that was eliminated last night. >>> it looks like that muni driver who was caught on camera texting behind the wheel will get fired after all. muni initially suspended her after she said she pulled the bus over to take care of a family emergency. but then after seeing the video muni says that was not the case and she was driving and they will fire her. >>> only on 2 more drivers are crossing bay area bridges without paying tolls. more than 1.2 million drivers went through tolls without paying. they have wracked up an average of 66 violations each and have more than $5,000 in unpaid fines. toll agency has actual collected $2.6 million more through penalties than it would have if the drivers paid the tolls in the fi

on tuesday the fha issued an emergency order requiring additional inspections of thefute lath of thoseboeing 73 aircrafts that have flown over 30,000 flights. the inspections use an electric current to serve for small subsurface cracks of the southwest flees more boeing 737- 300s than any other airline in the world, 169 and many are age and experts say that adds to the danger of metal fatigueeg. airlines are required to inspect their planes really for tiny cracks that could lead to bigger problems, such as last week's rupture, but as ktvu's jesse gary told us the federal aviation administration was concerned. >> reporter: the faa ordered inspections of directives related to maintenance records of older model boeing 7337 aircrafts for every us airline. they say years of pressurization can lead to metal fatigue and ultimately cracks and a safety risk to the flying public. federal investigators are looking to see if routine checks similar to a 100,000 mile checkup for the car are being performed. >> what they look at are sort of how much stress has this airplane been sunday to the over co

states may have trouble covering the unemployment benefits and mail would still be delivered but fha home loans would not be guaranteed. >> house prices are still falling and that would reverb great broadly across the entire economy. >> parks would close at the height of spring break season. federal taxes will still be due on april 18th. >>> a very successful silicon valley company is inspiring the next generation. >> scott budman is here. we're talking about google and museums. scott, google trying to make museums hip and useful, is that it? >> yes, raj, and more importantly to keep the museums opened. if you know someone who may be inspired, you can thank google. they will donate $12 million to seven museums, including $2 million to san francisco. the goal is toee k tphep museum opened and inspire young people to create the next google. let's go to technology stocks like google which led the market higher. oil prices are still rising but investors snatched up the chip stocks for a second straight day and all major indexes closed up. if you really want heights, how is this? virgin a

nbc bay area's maryann fhas a l that issue. >>> and the secrets to living h tonight, living to be 100 isn't as unrealistic as you might think. according to the census bureau the populations of centurarians is expected to double by 2020. the us has the most 100-year-olds in the world, some 72,000. researchers have identified some similarities among them which include having a positive but realistic attitude. >> a love of life and a sense of humor. you have both of those. >> spirituality, courage and to accept the losses that come with age, but not be stopped by them. >> okay. we're living till 100. >> i don't know, maybe just 96. >> this cues us to our graphic, the royal wedding is right around the corner, this friday, 1:00 a.m., bay area time. it's a fairy tale story for so many young girls. >> yes, some very older girls. the glamour, the tradition and, of course, we have to see what happens with that dress. but as we see, some therapists are cautioning it may have some young girls developing unrealistic expectations about their own futures. >> reporter: it may have been 30 years ago

and the fha will stop processing loans. national parks around the country will also be closed.ops' paychecks will be delayed. but congress and the president will still get theirs. >>> groundbreaking ceremonies are held today in boston for an institute honoring the late senator ted kennedy. a large portion of the building is dedicated to teaching people about the workings of the senate. >>> and disney, breaking ground on shanghai disneyland today. it will feature a theme park, restaurants and more. the negotiations to win the government approval for the project took well over a decade. disney, the parent company of abc news. >>> for some of you, your local news is next. >> for everybody else, the late-night comics on the wild week in washington. aw, there's the man of the house. who's this ? this is rufus. hey, rufus. he's actually pretty talented. you wanna see him do a trick ? ok. hey rufus. who do we love ? we love our bank. we love our bank. we love our bank. we love our bank. yes, yes. you really love your bank don't you. ally bank customers love our 24/7 customer care that

. >> half the homes she sells is backed by fha guarantees because the down payment is 3.5%. >> do youy more money to put down? >> 3.35% or i'm out. >> she gave notice on her apartment in dublin. new tenants are moving in. watching the budget impasse has suddenly become very personal and frustrating. >> frustrating to say the least. i was looking forward to moving into my first home not putting my stuff on storage and having to stay on somebody's couch. >> the question to analysts how long will it last. >> i don't think it can last that long. >> professor king knows that soldiers in combat will have their pay held up if the government shuts down it will did it disrupt families and put pressure on lawmakers who for now holding with the tea party to cut it or shut it. >> it's possible this would be more like the '80s where you'll have one, two or couple days of a shutdown. i would be surprising if it goes three weeks or more. >> two and a half hours to go. republican leaders have called the house rank and file republicans. back for a late night meeting. john boehner will address that clo

turn out that somebody was trying to get a mortgage but i can't have their paperwork processed by the fha to an the person who was going to sell the house, they were counting on that and they cannot get it. folks who are planning a vacation to yellowstone -- national parks suddenly, you are closed and you are out of luck. he may have to try to figure out if you get your money back for that reason or you're going to stay at. these are things that affect ordinary families day in and day out and it affects our economy right at the time our economy is getting momentum. we have the best jobs report we have had a long time this past friday. companies don't like uncertainty. if they start seeing that we may have a shutdown of the government, that could hold momentum right when we need to build up all because of politics. i do not want to see washington politics stand in the way of american progress. at a time when you are struggling to pay your bills and your responsibilities, the least we can do is make our responsibility to produce a budget. that is not too much to ask for and that is what the

unlike many bank robbery where demands are made with a note, the suspect in this case fha pistol and police are calling it a warning shot to let people know his demands are serious. >> anybody who robs a bank first of all is criminal but to go inside discharge a weapon whether shooting at somebody that take as special type of criminal that we are looking a at. this person at large in the public. >>reporter: initial reports indicate the robber fled on foot. chp quickly circle overhead and police officers fan into neighborhood located behind the bank building. police search several back yards including john brisbane. >> they told me what they were doing. their demeanor slechlt professional. appeared to be concerned. >>reporter: police are reviewing surveillance video from the bank and say the general policy is not to disclose how much money is missing. >> depending on what type of teller, a what his demands were and where in the bank he went would really depend on what type it takes. we don't know what the amount is at this time. >>reporter: the branch behind me was lls held up in nove

that is what i was say to someone getting an fha loan. is what i would say to hundreds and hundreds of government employees. we have made considerable concessions, but we have drawn a line in the sand. that line has come down to women's health care in this country. >> we are probably going to have a higher foreclosure rate this year than last year. we are not even out of this economic mess. these are people who need help. and we are going to shut down government because mike spence said yesterday that the senate would shut down government unless we continue to find the largest abortion provider in america? that is not about fiscal policy. that is not about reaching a number. that is extreme republican views in the house saying that is what they need to have before they vote for a budget. that is holding hostage americans that are trying to keep in their homes or want to get a paycheck. they are holding back economic recovery all because of an extreme social view. they are demanding that the house and representative john boehner and here t

it's a great loan, better than fha, but onlile if you qualify., wisconsin. he writes, i had a house buyer in 2009. the house was a loss. we were able to put a modular town on the same site using the same basement. we were told in 2009 we qualified for a government rebate. last year, our accountant said we didn't qualm identify since the new house was at the same address as the fire damaged house. do we or don't we qualify? >> i think you definitely qualify. but you have to prove that your house was burned to the ground with a fire report from the fire department that stipulates it was burned to the ground. you have to show proof of purchase of the modular home so they can see it is a new home. then you can file but you have to have a physical inspection because the confusion here is it looks like the same house because it's at the same address. you have to get the guy out to see the house. >> good advice. >> my pleasure. >> we're going to check in with a guy everybody likes to see later on. gary busey and the question on every royal wedding fan's

first of all, you have small business loans and fha home loans that are both backed by the government. well, these types of things are going to be suspended if there is a government shutdown. lastly, when it comes to things like our national parks, our national libraries, even our passport services, these are things that will close because workers in those different services will be furloughed. one group that probably, chris, won't be facing a lot of changes in this scenario are retirees because social security, medicare and veterans services will continue to operate basically as usual. back to you. >> all right, rebecca, thank you. jeff glor is at the news desk with a check of today's other headlines for us. let's join jeff now. >> chris, good morning to you. good morning to everyone at home. gunmen and suicide bombers struck a police compound near kandahar in southern afghanistan this morning and at least six afghan officers were killed, a dozen more were hurt. that base is in a place where u.s. and nato forces have faced months of heavy resistance from taliban fighters. >>> there w

i would say to fha loan. that is what i would say to government employees. we have drawn a line in the sand. down to women's this country far into the future. >> [inaudible] >> you know, we just should not hostage right now. people in washington -- we will probably have a higher foreclosure rate this year. even out of the by failure and now, these help, and we are to shut down the because -- he was senate would shut less we to fund the largest provider in america -- about fiscal policy reaching a number. that is extreme republican views the house, saying that is have before for a budget. is holding hostage to homes, hostage in get a paycheck, and holding back recovery all because of some extreme social views that demanding that the house and representative boehner adhere to, and they will not for a budget. afford that. these are not even in the mainstream views of americans. cannot reengineer the social view of america by at the 11th hour on something as important as women's health. them of the deal is done. to keep government make concessions, but do it at

turn out that somebody who is trying to get a mortgage cannot have their paperwork processed by the fhaand now the person who was going to sell the house, what they were counting on, they cannot get it. folks who were planning a vacation to yellowstone -- it turns out the national parks are suddenly closed. you are out of luck. you may have to figure out if you get your money back for that resort you're going to stay at. these are things that affect ordinary families stay in and day out. it affects our economy right at the time when our economy is gaining momentum. we had the best jobs report we have had in a very long time this past friday. you know what? if companies do not like uncertainty. at they think we are having a shutdown of our government, that would halt momentum. all because of politics. i do not want to see washington politics get in the way of -- the least we can do is meet our responsibilities to produce a budget. that is not too much to ask for. that is what the american people expect from us. that is what they deserve. you want everybody to act like adults, quit playin

the house bill being debated on the budget looks to cut the fha. they said that the -- the faa. they said that -- it will cut protected spending. the federal government can do more with less. from new jersey, you're next. caller: this has to be about his next election. this is all pandering to his base. it has nothing to do what bank regulations. number two, do you think that this law was passed and that the regulations are being promulgated, not with the help of wall street, when we have every from wall street sitting in that administration? you've got to be crazy. the banks, there are fewer and bigger investment banks then there were before. they are all bigger than they were before. the regulations are now being nibbled away at. who knows? maybe they will turn out to be just fine. but the banks and wall street have been in the making of this bill from the get go. this is all about demint trying to win his next election. it is also him changing the subject from his opposition to the obamacare bill. they know they cannot touch that. now they are going to start on something else

folks who want to get a mortgage through the fha may not be able to get it. that is not good as we get the housing market is. -- as weak as the housing market is. you have people trying to get a passport for a trip they had been planning for a long time. they may not be able to do that. millions more people will be significantly inconvenienced in some ways. they may end up seeing money or opportunity lost because of the government shut down. finally, there will be an effect on the economy overall. one of our nation's top economists said "an economic disadvantage what about very quickly. the longer it goes on, the greater the odds of a renewed recession." we have been working hard over the last two years to get this economy on its feet. we have seen 13 months of job growth. 1.8 million new jobs -- the best jobs report we have seen in a long time. for us to go backwards because washington could not get its act together is unacceptable. again, 800,000 federal workers and their families will be impacted, millions of people who are reliant on government services n

folks who want to get a mortgage through the fha may not be able to get it. that is not good as we get the housing market is. you have people trying to get a passport for a trip they had been planning for a long time. they may not be able to do that. millions more people will be significantly inconvenienced in some ways. they may end up seeing money or opportunity lost because of the government shut down. finally, there will be an effect on the economy overall. one of our nation's top economists said "an economic disadvantage what about very quickly. the longer it goes on, the greater the odds of a renewed recession." we have been working hard over the last two years to get this economy on its feet. we have seen 13 months of job growth. 1.8 million new jobs -- the best jobs report we have seen in a long time. for us to go backwards because washington could not get its act together is unacceptable. again, 800,000 federal workers and their families will be impacted, millions of people who are reliant on government services not getting those services, businesses

fha loan and that's what i have. and this is the loan care.y have been changed hands about three different times. they have on here 7.5% interest with the payment. they went up to 8%. saying all this and all that. and this is what they did and i called the f.h.a. loan, that's what i have here. told let me get it straightnd up. they're supposed to have been getting it cleared up and everything out there and they still are not doing this. and i'm trying to think, i have the money but they went up to $1,000 some be when it's supposed to be just 688. they went up to -- we forced insurance on you. and i'm paying 1800 and somebody with 3,000 and something dollars. how can they do that? and i'm trying to see what can i do with that? because i've tried everything. i had to show them with my closing is supposed to be 7.5 and i have a set. so how can they do that? >> for david clark gofment ahead. guest: i don't know the particulars of this, the caller's loan. but it was an instance where a foreclosure had started under this new system and you are forec

or stoppage of government services all across the bureaucracy, whether it is small business loans, fha loans for first-time home buyers, if some community outreach efforts at the justice department. there will be a certain slowdown of certain corners of american society. host: we are talking about the government's preparations for a shutdown and what it will look like. for this, we have added a line for federal employees. that is 202-628-0184. let me ask about the cost involved with this. earlier i showed a chart with policies from the "new york times" and it showed past shutdowns of the government. the cost have ranged in the hundreds of millions too often in the $1 billion or more. to wear those costs come from? fort: there's the potential overtime once workers review because they will have to make up for time lost. there are penalties, tied to government contrasts -- there are penalties tied to government contracts. and then there are cost of shutting down of certain parts of the government and then restarting them. the computer systems, the fact that you have to drive out the barri

if you look at the fha program, not fannie and freddie, completely separate which has government backing, there 70 years of existence, they never required a single time of taxpayer money even with the backing. fannie and freddie, there problem was that they have public backing and private profit, that was a mistake. host: michael joins us from charlotte, north carolina. caller: i have a question on why fannie mae and freddie mac, their ceo's receive says big bonuses, and yet the programs have not been having as many people with housing and getting people homes. however their ceo's and their leaders seem to be gaining a lot of money out of this. host: the point you were just making. guest: the government backing means that the institutions can borrow money cheaply. therefore they can pass on their borrowing costs over to the consumers. what happened is that they did not pass that on. the company kept it as a profit and subsequently bonuses. the other mistakes of fannie and freddie, there were chasing after market shares. wall street was creating subprime mortgages and taking on the wrist,

turn out that somebody who is trying to get a mortgage cannot have their paperwork processed by the fha and now the person who was going to sell the house, what they were counting on, they cannot get it. folks who were planning a vacation to yellowstone -- it turns out the national parks are suddenly closed. you are out of luck. you may have to figure out if you get your money back for that resort you're going to stay at. these are things that affect ordinary families stay in and day out. it affects our economy right at the time when our economy is gaining momentum. we had the best jobs report we have had in a very long time this past friday. you know what? if companies do not like uncertainty. at they think we are having a shutdown of our government, that would halt momentum. all because of politics. i do not want to see washington politics get in the way of -- the least we can do is meet our responsibilities to produce a budget. that is not too much to ask for. that is what the american people expect from us. that is what they deserve. you want everybody to act like adults, quit playi

hold the republic together, they are basically handing their toxic waste to fannie mae, freddie mac, fha, you name it, and we are on the hook. just one case, one case that was prosecuted cause goldman sachs to pay hundreds of millions of dollars, hundreds of millions. that is just one. so i want to support the gentlelady's amendment strongly. if we don't have prosecution we will never get restitution and i think that the only way we get it is using the instrumentality that we have and when we think that we can recover fines, we can recover assets. i want to go after a fiat. i want some of the seven mansions that these fellows have and if they let the statute of limitations run out the american people will never be made whole. so i want to say to the gentlelady congratulations on your amendment. every red-blooded american who wants their money back should support this amendment and we can help solve the deficit problem. i yield back my remaining time to the gentlelady. >> thank you so much gentlelady. this amendment restores the watchdog function. you remember the stock market crash in 19

one of the things you could do perhaps is get a government-backed loan, an fha loan which takes 3.5%rtgage fees and insurance and utilities. everything that you will need to spend on a house. put it in a savings account. start building up for the down payment and you will be in great shape for when you want to actually purchase it. >> pay all the bills on time. >> good credit rating. good luck. donna from brooklyn calling in. good morning. what's your question? >> good morning. my question is how do i know which company to trust when purchasing life insurance? i'm a new mom with a 9-month-old daughter. i decided i need to buy life insurance just in case something happens. now with the financial debacle i know that companies nowadays can collapse. i don't want my investment in the life insurance company to in the future not be able to pay the money. >> all right. let's get carmen here to answer for you. very cute little girl. >> donna, this is ap great question. first of all you need life insurance asap. once the child is here you can't waste a day. she brings up a good point. when yo

the fha would stop guaranteeing new home loans, a blow to fragile housing market. >> april, may and june are the biggest months of the housing market. this is not a time to challenge the mortgages out there. >> reporter: the government would stop issuing passports except for emergencies and would freeze work on new or renewed ones. the national parks would close including fwrangrand canyon and yosemite. this montana woman lives near yellowstone. >> i want them to settle this budget mess and act like adults and compromise. >> reporter: some federal work would continue including virtually all law enforcement, coast guard, fbi, border, immigration and customs agents. tsa screeners would check airline passengers and air traffic controllers stay on the job. uniformed members of the military remain on duty around the world but they would not be paid until the shut down ends. a florida wife of a u.s. marine said it would be distracting for those in combat. >> to sit on the front line going, god, i don't care about afghanistan. i wonder if my wife and kids are being fed at home. >> reporter: vet