Board adopts resolution pressing banks, requests controller audit and state action on foreclosures

The San Francisco Board of Supervisors on April 10 adopted a resolution urging state and federal officials to strengthen protections for homeowners, asking major banks to suspend foreclosure and eviction activities in the city, and requesting a follow-up audit by the city controller into foreclosure practices. The measure passed on an 11-0 vote.

The resolution, introduced and explained by Supervisor John Avalos, frames foreclosures as a local crisis tied to broader national trends and seeks city-level accountability and review. Avalos said, “I do not believe that our city has really recognized the magnitude of the problem of how the mortgage crisis is hitting our city.” He credited community groups such as the Alliance of Californians for Community Empowerment (ACE) and the California Reinvestment Coalition for organizing neighborhoods and pushing for remedies.

The r…