HomeMy Public PortalAbout04. 2009-10 CalHFA ReportCalifornia Housing Finance Agency
Opening Doors. Funding Possibilities -- California Housing Finance Agency Annual Report
OPENING DOORS.FUNDING POSSIBILITIES.
In 2009 and 2010, California faced historic challenges: continued disruption in our state’s
housing market, high unemployment, and an extremely difficult overall economic climate.
These issues had a deep and lasting impact on the families that the California Housing Finance
Agency is here to serve.
These challenges also led to a fundamental change in the mindset at CalHFA. We affirmed that
our responsibilities are twofold. Not only should we continue to open doors for California families
purchasing their first home or renting an affordable apartment; we also need to focus ahead and
lay the foundation for future possibilities. In other words, CalHFA concentrated on Opening
Doors. Funding Possibilities.
This phrase became more than an idea at CalHFA; it became the Agency’s philosophy, and
fittingly, the title and theme of our 2009-2010 annual report.
This report, Opening Doors. Funding Possibilities., uses an articulation strategy of more than
numbers, facts and charts; it tells an innovative story of what home really means to Californians.
This meaning is illustrated throughout the pages of the document with images that could have
been borrowed from any photo album in any family home … a proud, young family ready to
move into their first real home … a set of grandparents, enjoying the peace of mind that comes
with an affordable payment … a single mother and her daughter, feeling the pride of
independence.
Opening Doors. Funding Possibilities. stresses that home is more than a roof and four walls.
Home means stability; it means partnerships, ownership, community, assurance, reliability. The
California Housing Finance Agency mirrors these adjectives, beliefs and values throughout the
various divisions of the Agency: Homeownership, Mortgage Insurance, Multifamily, Financial
Services and Support Services.
This report shows that through these tough times, CalHFA encouraged and promoted
homeownership and affordable rental housing.
Homeownership prepared for new initiatives for the 2010-2011 year, assisted in large part by
the U.S. Treasury allocating more than $1 billion in bond financing for CalHFA to help first-time
homebuyers at a time when home prices in California have fallen dramatically, making
homeownership much more affordable.
CalHFA’s Mortgage Insurance and Loan Servicing divisions responded to the twin problems of
high unemployment and disruption in the real estate market through loss mitigation and
foreclosure alternative programs, helping keep delinquencies and foreclosure rates lower then
they otherwise would have been.
California Housing Finance Agency
Opening Doors. Funding Possibilities -- California Housing Finance Agency Annual Report
In our Multifamily division, one of the Agency’s greatest successes for opening doors and
funding possibilities for mentally ill Californians was our partnership with other agencies to
provide housing for those who are homeless or in danger of becoming homeless. Using funding
from the Mental Health Services Act, CalHFA’s Multifamily division closed 20 loans for nearly
$38 million that financed 1,145 units of rental housing, including 395 units for mentally ill
homeless Californians.
These examples and stories are compiled and formatted in an easily replicated style. In fact,
this year, CalHFA’s annual report was offered primarily online with a goal of maintaining
creativity and innovation while achieving a very cost effective delivery. While the Governor’s
Office and the Legislature received hard copies, other target audiences, including CalHFA’s
investors, business partners, state libraries and the media all received disks of the report
(Attachment A). The general public could easily access the report online through the CalHFA
web site. This electronic delivery method expanded our reach substantially while reducing
printing costs by 70 percent.
The success of Opening Doors. Funding Possibilities. annual report is measurable based on the
positive feedback we received to the approach, design and content. Readers especially
appreciated the electronic version of the annual report and the easy accessibility.
The objective of our annual report was to illustrate, not only through numbers, but with real
stories and real people, that these years of market disruptions have tested CalHFA’s ability to
adapt, innovate and take new directions. The report uses an honest strategy to demonstrate
that we understand fully that our success will be inextricably tied to our ability to adapt to
changes in the market – many that may not even be visible to us today.
With an eye on the future, Opening Doors. Funding Possibilities represents CalHFA’s
determination to take on new responsibilities and create new products to meet the needs of
California’s families. With a team of employees committed to assisting our state, the California
Housing Finance Agency will continue to help open doors to homes for families and fund
possibilities to enhance the health and economic future of our state.
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California Housing Finance Agency Annual Report
FUNDING
POSSIBILITIES.
OPENING DOORS.
Marketing Information
TABLE OF CONTENTS
2 Chairman and Executive Director’s Message
3 Members of the Board
4 Homeownership
6 Special Lending
8 Mortgage Insurance
10 Multifamily
12 Financial Services
14 Support Services
16 Dedication
Chairman and Executive Director’s Message
Members of the Board
Homeownership
Mortgage Insurance
Multifamily
Asset Management
Financial Services
Support Services
CONTENTS
n 2009-2010, California faced historic
challenges: continued disruption in our
state’s real estate market, high
unemployment, and an extremely difficult
overall economic climate.
These issues have a deep impact on the
California families that the California
Housing Finance Agency is here to serve.
This led to a fundamental change in our
mission: we focused much of our attention
in 2009-2010 on assisting borrowers and
preparing to take on an increasing role in
helping California families remain in their
homes.
We call this multifaceted program “Keep
Your Home California.”
In June, the U.S. Department of the Treasury
approved California’s plan to use nearly $700
million – later increased to nearly $2 billion
– from the federal government’s “Hardest
Hit” program to assist homeowners
struggling to meet their mortgages and stay
in their homes. The Agency was also in
charge of distributing more than $15 million
specifically directed to counseling agencies.
The primary objective of the program is
sustainable homeownership.
As administrator of this federal program,
CalHFA is focused on helping as many
families as possible and leveraging this
funding to maximize its benefits for California
borrowers. This funding will directly help at
least 100,000 families and indirectly help
every Californian.
Preventing foreclosures will not only benefit
the families directly impacted, it will help
stabilize neighborhoods, communities and
the entire California economy.
The disruption in the bond markets,
particularly for new real estate-backed
bonds, limited our ability to fund mortgages
for first-time homebuyers in 2009-2010.
The Agency’s staff worked throughout the
year to develop new strategies and loan
programs to be launched in the 2010-2011
fiscal year, allowing CalHFA to resume its
traditional role of helping California families
purchase their first homes. The New Issue
Bond Program also contributed $1.4 billion
toward that opportunity.
In addition to the Hardest Hit program,
the U.S. Department of the Treasury also
stepped in to provide liquidity to state
housing finance agencies impacted by
the significant disruption in the financial
markets, including $5.4 billion for California.
The financing assistance included $3.8
billion for credit support that decreased
uncertainty and significantly reduced the
funding costs for the agency. Additionally,
the assistance will allow CalHFA to issue
$1.6 billion in new bonds to finance loans
for first-time homebuyers and for affordable
rental housing.
While business remained challenging
this past year, CalHFA continued to help
California families open doors to homes and
fund possibilities for the future.
Through these tough times, CalHFA
encouraged and promoted homeownership
and affordable rental housing. In 2009-
2010, CalHFA provided a total of more than
$4 million to more than 600 borrowers for
assistance with down payments or closing
costs. CalHFA helped 470 borrowers stay in
their homes by approving modifications on
mortgages financed by CalHFA.
One of the Agency’s greatest successes
this year was our partnership with other
agencies to provide housing for mentally ill
Californians who are homeless or in danger
of becoming homeless. Using funding from
the Mental Health Services Act, CalHFA’s
Multifamily division closed 20 loans for
nearly $38 million that financed 1,145
units of rental housing, including 395 units
for mentally ill homeless Californians. In
addition, CalHFA’s Multifamily division
assisted the State Treasurer in using
funds from the American Recovery and
Reinvestment Act to help boost the state’s
economy.
These years of market disruptions have
tested our ability to adapt, innovate and take
new directions. Today, CalHFA is performing
new tasks and creating new products to
meet the needs of California’s families.
With a team of employees committed to
assisting our state, CalHFA will continue to
help open doors to homes for families and
fund possibilities to enhance the future of
our state.
Peter N. Carey
Acting Board Chairman
L. Steven Spears
Executive Director
ven Spears
Peter N. Carey
Acting Board Chairman
L. Steven Spears
Executive Director
MEET THE MEMBERS OF THE BOARD
Peter N. Carey, CalHFA Acting Board Chair, President/CEO, Self-Help Enterprises; L. Steven Spears*, Executive Director, California
Housing Finance Agency, State of California; Dale E. Bonner, Secretary, Business, Transportation & Housing Agency, State of
California; Cathleen Cox*, Acting Director, Office of Planning & Research, State of California; Michael A. Gunning, Vice President,
Personal Insurance Federation of California; Paul C. Hudson, Chairman/CEO, Broadway Federal Bank; Jonathan C. Hunter,
Managing Director, Region II, Corporation for Supportive Housing; Lynn L. Jacobs, Director, Department of Housing & Community
Development, State of California; Barbara Macri-Ortiz, Law Office of Barbara Macri-Ortiz; Ana J. Matosantos*, Director, Department
of Finance, State of California; Jack Shine, Chairman, American Beauty Development Co.; Ruben A. Smith, Partner, Adorno Yoss
Alvarado & Smith Professional Corporation.
Not pictured
Bill Lockyer, State Treasurer, Office of the State Treasurer, State of California
*Non-voting
(Members listed from left to right)
CalHFA’s Homeownership division opens doors for low and moderate income, first-time homebuyers in
California by providing low-interest rate, home loan financing.
While FY 2009-2010 was an economically challenging time for California families, Homeownership prepared for
new initiatives for the 2010-2011 year, assisted in large part by the U.S. Treasury allocating more than $1 billion
in bond financing for CalHFA to help first-time homebuyers at a time when home prices in California have fallen
dramatically, making homeownership much more affordable.
ownershiphome
Accomplishments:
Subordinate and Special Loan Programs
California Homebuyer’s Downpayment Assistance Program –
assisted 329 borrowers with subordinate mortgages totaling
$2.5 million
School Facility Fee – assisted 275 borrowers with grants totaling
$1.6 million
Approved 287 localities (522 active Affordable Housing Partnership
Program loan programs)
Assisted other divisions of CalHFA by reassigning homeownership staff
Assisted in the development of the new Homeownership Loan
Origination Project
Completed new product development research
Outreach
Conducted 24 outreach webinars with a total of 812 attendees
Participated in 152 statewide affordable housing events with
14,006 attendees
Training
Conducted 145 training webinars
Participated in seven outreach events
Conducted 14 in-person training events
Despite the struggles in the housing
markets, the Agency continued to foster its
relationships with loan officers and real estate agents,
offering various training and outreach sessions.
Gary Braunstein
Acting Director
of Homeownership
The Mortgage Insurance division supports the Agency’s mission of opening the door to homeownership by
providing innovative mortgage insurance programs at affordable, below-market rates. CalHFA Mortgage Insurance
works to ensure that investors who provide funds for these mortgages are protected against losses when borrowers
cannot meet the financial requirements of their mortgage.
With California’s economy facing the twin problems of high unemployment and disruption in the real estate market,
the Mortgage Insurance division responded rapidly through loss mitigation and foreclosure alternative programs,
helping keep delinquencies and foreclosure rates lower than they otherwise would have been.
CalHFA’s Portfolio Management works with outside servicers of the Agency’s portfolio and oversees the maintenance,
preparation for market, and sale of all conventional loan foreclosed properties. The division works with servicers
to encourage loan modifications for families struggling financially, helping borrowers navigate through their
possibilities. When families are unable to sustain homeownership, the division works with its partners to resolve
claim issues related to those situations.
insurancemortgage
Accomplishments:
Approved 470 loan modifications for borrowers,
assisting those California families in their efforts
to remain in their homes
Completed 244 loan modifications for borrowers
during the fiscal year
Developed and implemented two different
loan modification programs to help CalHFA borrowers
keep their homes
Trained new personnel to fill expanding role in Agency
Managed claims and approvals for short sales and
other properties owned by the Agency
This division works with servicers to
encourage loan modifications
for families struggling financially.
Charles McManus
Director of
Single Family
Portfolio Management
and Mortgage Insurance
multifamily
The Multifamily division provides financial support for new housing developments, special needs projects and
the preservation of existing rental housing for very low and low income families.
In FY 2009-2010, the Multifamily division partnered with the U.S. Department of the Treasury for its New Issue Bond
Program, which facilitates access to tax-exempt bonds for the financing of family and senior affordable housing
developments for both for-profit and nonprofit developers. Through the New Issue Bond Program, $380 million
will be devoted to help finance multifamily housing developments, providing quality, affordable homes for families
throughout the state.
Multifamily also continued its ongoing commitment to its role in the Mental Health Services Act, working with
developers and builders to finance homes for Californians living with mental illness.
Accomplishments:
Closed seven CalHFA loans for $16.5 million, totaling 427 units
of rental housing
Assisted Tax Credit Allocation Committee in closing 74 projects
containing 4,915 housing units, using $477 million in American
Recovery & Reinvestment Act-allocated funds
Closed 20 Mental Health Services Act loans for $37.9 million.
These loans financed 1,145 units, of which 395 were for
mentally ill homeless
Issued loan commitments on an additional 60 Mental Health
Services Act projects for $94.9 million. This will fund 3,089 units,
of which 877 will be for mentally ill homeless
CalHFA helps provides financial support
for new housing developments, special needs projects
and the preservation of existing rental housing
for very low and low income families.
Bob Deaner
Director of
Multifamily
The Asset Management division plays a key role in preserving and maintaining affordable housing for the
Agency. The division manages the multifamily housing portfolio throughout the life of the loans – typically 30 to 40
years – and protects CalHFA’s real assets from loss. In addition, it collaborates with building owners and managers
to make sure properties are well operated, fiscally sound, clean and safe for tenants over the long term.
multifamily asset management
Accomplishments:
Launched a pilot Prepayment Program that
permits multifamily projects with seven or
fewer years remaining on their CalHFA
mortgage to prepay their loan – 51 projects are eligible
Oversaw more than 550 multifamily loans for
a total of 40,000 multifamily units
Capitalized Operating Subsidy funds for four
Mental Health Services Act projects to house
mentally ill Californians, with more than 20
additional projects in the pipeline
Committed $2 million in Pre-80 Earned
Surplus funds to assist portfolio Section 8 properties
Margaret Alvarez
Director of
Asset Management
Asset Management works with building owners
and managers to ensure that various types and
sizes of properties are fiscally sound.
servicesfinancial
The Financing division supervises the capital used to finance CalHFA’s affordable housing programs. It also
handles CalHFA’s outstanding debt obligations and non-mortgage investments. The division regularly evaluates
various alternatives for generating low-cost capital, including balancing risk versus benefit. Because of CalHFA’s
tax-exempt issuance authority, the Agency is able to offer affordable housing opportunities to California families in
a way the general market cannot.
Bruce Gilbertson
Director
of Financing
Accomplishments - Financing:
Replaced liquidity for $3.5 billion of variable rate bonds with liquidity
provided by Freddie Mac and Fannie Mae through the Temporary
Credit and Liquidity Program
Issued $1.39 billion of bonds under the federal government’s New Issue
Bond Program
Securitized $326.8 million of Federal Housing Administration insured loans into
Government National Mortgage Association mortgage-backed securities
Sold $255.6 million of the Government National Mortgage Association securities
and realized a net premium of $10 million
Sold $95 million of Multifamily loans and used $87 million in proceeds to redeem
variable rate debt obligations and auction bonds
Negotiated with swap counterparties to terminate $237.8 million of swap notional
and received higher collateral thresholds to reduce the collateral postings
Reduced swap notional total to $3.42 billion, compared to $4.23 billion last year
The Fiscal Services division safeguards the Agency’s cash and investments
and works with borrowers to service loans. In accordance with federal and state
requirements, the division reports pertinent financial information that is critical in
the management of CalHFA’s programs. Fiscal Services works with an independent
accounting firm every year to prepare the Agency’s financial data audit.
Accomplishments - Fiscal Services:
Loans purchased or funded by Loan Accounting – $98 million
$36.8 million for 21 Bay Area Housing Plan loans
$22.8 million for 19 Mental Health Services Act Program loans
$20.2 million for seven Residential Development Loan Program loans
$13.4 million for Multifamily construction draws
$2.4 million for 329 CHDAP loans
$1.5 million for eight HELP loans
$769,000 for eight single-family first mortgages
$162,000 for one Multifamily loan
Assisted in the securitization of 2,586 FHA loans into Government National
Mortgage Association mortgage-backed securities
Coordinated bond debt service and redemption payments totaling $711 million
Paid swap payments of $199 million
Completed CalHFA and CaHLIF financial audits
Completed Phase 1 of Fiscal Services Re-Platforming Project
The Loan Servicing division is in charge of servicing the Agency’s portfolio of
single-family home loans. The division receives and processes payments, manages
delinquencies, and communicates with existing CalHFA borrowers.
Accomplishments - Loan Servicing:
Seamlessly moved staff and operations to new building in West Sacramento
Continued implementation of CalHFA Loan Modification Program which began
in May 2009
Completed 84 modifications
Completed 130 short sales
Rhonda Barrow
Housing Finance Chief
A number of divisions at CalHFA work together to support the business needs of the Agency.
The Administration division supports the infrastructure of the Agency’s operations, including human resources, operating
budget, establishing policies, employee training, maintaining facilities and procuring office equipment.
servicessupport
Accomplishments – Administration:
Managed the hiring, promoting, transferring and
reclassification of 52 CalHFA employees
Installed a robust, technically advanced phone system for
the Loan Servicing division
Instituted a new budget development process
Coordinated the relocations of Sacramento Agency
personnel and operations to new office locations
Saved $257,000 on the acquisition of new Loan Servicing
work stations
The Information Technology division implements
and maintains technology systems for the Agency in order to
improve service to partners and borrowers, and keep CalHFA
on the competitive edge of the mortgage industry.
Accomplishments - Information Technology:
Implemented a new Debt Management system which
automates business processes, eliminates duplicate
data and centralizes the information that supports debt
management functions
Implemented a new Multifamily Loan Origination
system which provides a streamlined and systematic
approach to processing reports, Multifamily transactions
and loans from origination to the point of transfer to
Asset Management
Implemented the Fiscal Services Re-Platforming Project
Phase 1, Part 2 which reprograms the Agency’s Legacy
applications with the new Fiscal Services General Ledger
Continued development of the Homeownership Loan
Origination project
Developed the technical infrastructure for the new West
Sacramento location for Loan Servicing, Portfolio
Management and “Keep Your Home California” staff
Developing and securing the technical infrastructure for
the new 500 Capitol Mall headquarters
Howard Iwata
Director of Administration
and Acting Director
of Fiscal Services
The Office of General Counsel manages the legal affairs of CalHFA by providing
counsel on day-to-day operations and the Agency’s strategic initiatives. The office also
supports all of CalHFA’s lending and insurance programs.
Accomplishments – Office of General Counsel:
Assisted Financing staff in negotiating collateral posting agreements with major
swap counterparties, as part of a strategy to maintain Agency liquidity
Assisted Single Family loss mitigation and disposition of the REO Program
Supported the Agency’s major strategic projects
The Legislative division works with various state and federal legislative, hous-
ing, business and other interest groups to identify and maximize opportunities to meet
the housing needs of low and moderate income families in California, and to further the
long-term business objectives of the Agency.
Accomplishments – Legislation:
Worked to secure funding for a second round of federal foreclosure counseling
dollars
Secured legislation authorizing $878 million in special bond cap allocation
Secured U.S. Treasury approval for CalHFA’s Hardest Hit Fund proposal, which will
assist approximately 100,000 California homeowners suffering a financial hardship
The Marketing division uses advertising, promotion and public relations to in-
crease awareness of and accessibility to the Agency’s products among lenders, real
estate agents, builders, developers, localities and homebuyers.
Accomplishments – Marketing:
Secured earned media placements worth $230,000, reaching more than
13 million Californians
The CalHFA Leads Program Call Center responded to 16,981 incoming calls
Launched the “Keep Your Home California” web site
Won Creative Award for the 2008-09 Annual Report
Managed CalHFA web site, which attracted more than 3 million views, and initiated
a social media campaign
Switched Enews providers, saving $18,000 annually
Launched a CalHFA mobile apps site
Thomas Hughes
General Counsel
Diane Richardson
Director of Legislation
Kenneth Giebel
Director of Marketing
Abe Tsadik
Alicia McDonald
Alyssa Norris
Amy Golonka
Ana Espinoza
Andrea Berry
Andrea Fulton
Andrew Lee
Angela Ellison
Angela Sagaral
Angela Dare
Angelique Castillo-
Piliotis
Anna Nguyen
Bahiyah Hillary
Barbara Laroa
Barry Meidinger
Ben Lunetta
Ben Viado
Bob Bastien
Bob Deaner
Brandon Dobson
Brandy Kollenborn
Brian Anderson
Bronwyn Mednick
Bruce Gilbertson
Bryce Andrews
Carole Adams
Carr Kunze
Carrie Wylie
Castalia Roman
Catherine Dolph
Catherine Relyea
Celeste Hock
Chalena Nanthaveth
Charlotte Moore
Cherissa Lee
Chris Healy
Chris Penny
Christina Beck
Christina Garcia
Christina Meza
Christine Caldwell
Christopher Dickey
Christopher Johnson
Chuck McManus
Cindi Mahoney
Claire Crowson
Cleo Williams
Cora Brooks
Corinna Pereira
Cynthia Davidson
Dai Thai
Dakota Neal
David St. Cyr
Deborah Romano
Debra Starbuck
Denise Cabelera
Denise Clark
Diane Richardson
Donna Allison
Douglas Colby
Douglas Kincaide
Duncan Dungworth
Ed Beltejar
Eden Saldana
Edith Hodges
Elaine Brown
Elisa Nieves
Elizabeth Andrade
Enoch Yeung
Eric Ball
Eric Johnson
Eric Riegert
Erica Guerra
Erica Hedglin
Evan Gerberding
Evelia Franco
Exer Toney
Ezzard Fleming
Fernando Narvaez
Gail Tateyama
Gary Braunstein
Gilbert Mar
Gina Saldivar
Greg Carter
Greg Skubal
Gregory Ricard
Guy Motter
Heather Espinoza
Helen Villagomez
Henry Sharp
Howard Iwata
Isabelle Bellet
Janet Louie
Jason Weaver
Jean-Terson Delva
Jeffrey Slaton
Jennifer Beardwood
Jennifer Giron
Jennifer Reeves
Jennifer Silva
Jim Foley
Jim Liska
Jim Morgan
Jim Poile
Jim Rengstorff
JoAnn Artiaga
Joe Lenihan
Joe Moroni
John Herman
John Maio
John Matheny
John Ottinger
John Tumminelli
JoJo Ojima
Jon Demaree
Josie Hernandez
Juan Riggins
Judy Fong
Julie Fussner
Julie Thornton
Kandy Wemken
Karen Morris
Kathleen Cook
Kathy Leavitt
Kathy Phillips
Kathy Weremiuk
Katie Miner
KC Campbell
Kelli Alten
Kelly Jordan
Kelly Sacco
Kelvin King
Ken Giebel
Kevin Brown
Kevin James
Kimberly Johnson
Kimberly Ogg
Kristine O’Daly
Kristy Morrow
Larry Miller
Laura Whittall-Scherfee
Laurie Andrade
Leah Pears
Leanne Walker
Leila Feinstein
Lesli Faulk
Liane Morgan
Lilly Voravongsa
Linda Mellor
Linda Swinton
Linn Warren
Liz Hogan
Loretta McGrath
Lori Hamahashi
Lucille Stanko
Lynard Khan
Lynda Stovall
Lynn Ringor
Marc Victor
Margaret Alvarez
Maria Jimenez
Maria Norbeck
Marian Grant
Marianne Cooper
Mariar Wong
Marilyn Alvarado
Marisa Fogal
Marites Antonio
Martha Pozdyn
Martin Espinoza
Mary Oller
Mary (Frankie) Harper
Meihong Guan
Melissa Flores
Michele Arnoux
Michelle Lee
Michelle Novoa-Castillo
Miguel Mejia
Mikki Mauldin
Ming Lee
Misty Miller
Molly Charles
Molly Ellis
Nancy Santucci
Nanette Guevara
Nicholas Ojima
Nick Kufasimes
Nicole Galiano
Nicole Slaton
Nicole Temple
Oksana Glushchenko
Orysia Riesen
Pam Ellis
Pam Vinson
Pam Wilson
Pamela Evans
Pamela Russell
Paul Laroa
Paul Steinke
Pauline Yu
Peter Buck
Rae Parda
Ralph Palmer
Ranae Harkins
Rangeela Dharan
Rebecca Anderson
Rebecca Forest
Reggie Wong
Rene Ingram
Renie Alarcon
Rhonda Barrow
Rich Walline
Richard Dewey
Rick Okikawa
Bobbie Angulo
Robin Monk
Roger Kollias
Ronald Carter
Rosalinda Rafanan
Roxanne Reyes
Russel Howell
Ruth Vakili
Sabrina Saxton
CalHFA
Sally Omdahl
Sandra Gallagher
Sandy Casey-Herold
Sandy Huang
SangChol Thompson
Scott Sequira
Selsa Castellari
Shai Leib
Sharyl Silva
Shelby Banks
Sheila Felder
Sherri Kerth
Sheryl Angst
Smyra Bailey
Stan Sowers
Stephanie Alstrom
Stephen Beckman
Steve Adams
Steve Pogozelski
Steve Spears
Sue Diurni
Summer Kalwani
Susan Cortvriendt
Susan Murtishaw
Susan Wagner
Suzanne Ledesma
Suzanne Uppinghouse
Tammy Gauthier
Tammy Moreno
Tammy Yu
Tanishia Hodge
Tauna Bradell
Ted Nishimoto
Teresa Creamer
Teresa Glenn
Thelma McIntosh
Therese Volk
Tim Hsu
Tom Armstrong
Tom Dennis
Tom Freeburger
Tom Hughes
Tom Nann
Tony Sertich
Trish Hoehne
Trisha Vo
Venita Ashley
Victor James
Victoria West
Wendy Ng
William Lee
Wisheena Vercher
Ying Lu
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