Kamala Harris to Announce Homeowner Bill of Rights

Attorney general will be joined by fellow politicians to announce the measure.

By Sajid Farooq
|  Wednesday, Feb 29, 2012  |  Updated 12:47 PM PDT
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CA Attorney General Kamala Harris Interview (Part 2)

Attorney General of California Kamala Harris will announce a homeowner's bill of rights Wednesday.

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NewsConference: California Attorney General Kamala Harris, Part 1

California's top law enforcement officer Kamala Harris talks about the deal she made with five banks over mortgage loan abuses, how much the state gets and what it means for homeowners in need. She also talks about her agreement to strengthen privacy protections for users of mobile applications.

CA Attorney General Kamala Harris Interview (Part 2)

California Attorney General Kamala Harris explains her stance on the title and summary ballot controversy, driver licenses for undocumented workers, immigration reform and her new job as President Obama's National Co-chair for his 2012 re-election campaign. Link: Watch Part 1 of the interview here.
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Just weeks after announcing a settlement with some of the nation's largest home lenders, California Attorney General Kamala Harris is set to announce a homeowner bill of rights Wednesday.

The former San Francisco district attorney is scheduled to make the announcement with Senate President Pro Tem Darrell Steinberg and Assembly Speaker John A. Prez Wednesday at 11 a.m.

The press conference will be streamed on the attorney general's website.

Earlier this month, Harris announced a settlement between federal officials and the nation's largest mortgage lenders that could net California homeowners $18 billion.

The deal may benefit about 466,000 homeowners in California, according to Harris' office.

But critics say the settlement aids irresponsible home buyers. Yet Harris rejected that belief in her statement, saying the crackdown on fraud targets homeowners hurt during the bubble.

Harris said in a recent NBC interview that the settlement is just the tip of the iceberg. She plans to work on a deal with Freddie Mac and Fannie Mae, who own the majority of home loans in the state.

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