Her hardball tactics paid off, Harris told her audience in San Jose, and brought $20 billion in financial relief to California homeowners flattened by the foreclosure crisis. But the type of relief provided to California homeowners also fell short of initial promises. Gen. Kamala Harris announces the 2012 mortgage settlement. Gen. Kamala Harris announces the 2012 mortgage settlement. But, in the end, approximately half of the $18.4 billion in debt relief given to California homeowners was through short sales — $9.2 billion.

Source: Los Angeles Times October 16, 2016 06:56 UTC