Assigned to Member Basconcillo. Member Basconcillo reported that he has nothing new to report from his Committee at this time. Member Fitzke said he had nothing additional to report to the appeals that have already been covered. Member Fitzke thanked Mr. Thiesen for his thorough report and added that November was a record-breaking month for new loans. He thanked Ms. Mendonsa for the fine job she's doing in the bond program and for her patience in answering all the questions.
Foreclosures are down.
The Board is deeply concerned about veterans who are suffering from the two-year limit on disability benefits. The goal is to work closely with the Department, particularly after the study comes out in January, to try to find some type of resolution to the problem. He's still receiving complaints about the phone system since the new system has not yet been implemented due to software problems with Pacific Bell. In the seven months he's been on the Board, there have been many improvements in the program and he thanked Division Chief George Flores and Deputy Secretary Bruce Thiesen for that. Member Burke reported that the Legislature has completed its work for 1999 and are out of session until January 3, 2000.