body,date,text,page,path
OaklandRedevelopmentAgencyAndCityCouncil,2008-06-17,"Concurrent Meeting of the Oakland
Meeting Minutes
June 17,2008
Redevelopment Agency / City
Council
S-10.46-C
Subject:
Mortgage Lending Bills
C
From:
Community And Economic Development
Recommendation: Adopt The Following Pieces Of Legislation:
1) A Resolution To Support Assembly Bill 69 (Lieu) To Expand Reporting Requirements By
Mortgage Lenders And Servicers To Include Information About Defaults, Foreclosures And
Loan Modifications;
07-1388
This Matter was Adopted as Amended on the Consent Agenda.
Votes: ORAICouncilmember Ayes: 8 - Councilmember Brooks, Councilmember
Brunner, Member Chang, Councilmember Kernighan, Councilmember Nadel,
Councilmember Quan, Councilmember Reid and President of the Council De La
Fuente
View Report.pdf
View Supplemental Report.pdf
81378 CMS.pdf
2) A Resolution To Support Assembly Bill 1830 (Lieu) To Reform Mortgage Lending Practices
For High-Cost, Subprime And Nontraditional Loans;
07-1388-1
This Matter was Adopted as Amended on the Consent Agenda.
Votes: ORAICouncilmember Ayes: 8 - Councilmember Brooks, Councilmember
Brunner, Member Chang, Councilmember Kernighan, Councilmember Nadel,
Councilmember Quan, Councilmember Reid and President of the Council De La
Fuente
81379 CMS.pdf
3) A Resolution To Support Assembly Bill 2359 (Jones) To Prohibit Mortgage Lending Terms
That Require Borrowers Of High-Cost, Subprime And Nontraditional Loans To Waive Their
Legal Rights, Remedies, Obligations Or Procedures, And To Provide For Assignee Liability For
Affirmative Claims Or Defences That A Borrower Could Have Asserted Against The Original
Lender Of A High-Cost Loan;
07-1388-2
This Matter was Adopted on the Consent Agenda.
Votes: ORAICouncilmember Ayes: 8 - Councilmember Brooks, Councilmember
Brunner, Member Chang, Councilmember Kernighan, Councilmember Nadel,
Councilmember Quan, Councilmember Reid and President of the Council De La
Fuente
81380 CMS.pdf
City of Oakland
Page 24
Printed on 7/7/08",24,OaklandRedevelopmentAgencyAndCityCouncil/2008-06-17.pdf