pages: RulesAndLegislationCommittee/2011-04-14.pdf, 3
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RulesAndLegislationCommittee | 2011-04-14 | *Rules & Legislation Committee Meeting Minutes April 14, 2011 S-4-4 Subject: Support Of Senate Bill SB 729 From: Councilmember Rebecca Kaplan Recommendation: A Request To Re-Title And Schedule An Item: NEW TITLE: Adopt A Resolution To Support Senate Bill 729 This Bill Would Prohibit A Mortgagee, Trustee, Beneficiary, Or Authorized Agent From Recording A Notice Of Default Unless That Party Makes Reasonable And Good Faith Efforts, Defined In Bill, To Evaluate The Borrower For All Available Loss Mitigation Options To Avoid Foreclosure. OLD TITLE: Resolution To Support Senate Bills SB 729 (Leno/Steinberg) An Act To Amend Sections 2923.5 And 2924b Of, To Amend And Repeal Section 2924 Of And To Add Sections 2923.4, 2923.5, 2923.7, 2923.73, 2923.74 And 2923.75 To, The Civil Code To Prohibit A Mortgagee, Trustee, Beneficiary Or Authorized Agent From Recording A Notice Of Default Unless That Party Makes Reasonable And Good Faith Efforts To Evaluate The Borrower For All Available Loss Mitigation Options To Avoid Foreclosure; On The May 13, 2011 Rules And Legislation Committee Agenda 10-0527 Scheduled to *Rules & Legislation Committee on 4/28/2011 View Report.pdf S-4-5 Subject: Support Of Assembly Bill 1321 From: Councilmember Rebecca Kaplan Recommendation: A Request To Re-Title And Schedule An Item: New Title: Adopt A Resolution To Support Assembly Bill 1321 (Wieckowski) - Mortgage Title Transparency. A Bill Mandating The Recording Of All Mortgage Deeds/Trusts And Assignments, And Payment Of The Requisite Fees. It Would Also Require That The Mortgage Note Be Filed Prior To Issuing A Notice Of Default To Ensure That The Foreclosing Party Has The Right To Foreclose. Old Title: Adopt A Resolution To Support Assembly Bill 1321 (Wieckowski) An Act To Amend Section 2934 Of, And Add Sections 1214.5 And 2923.7 To, The Civil Code, And To Amend Section 27280 Of The Government Code, A Bill Prohibiting The Mortgagee, Trustee, Or Beneficiary Of A Property From Recording A Notice Of Default Until 45 Days After It Has Recorded The Mortgage Or Deed Of Trust And Any Assignment Of The Mortgage And Deed Of Trust ; On The April 28, 2011 Rules And Legislation Committee Agenda 10-0528 Scheduled to *Rules & Legislation Committee on 4/28/2011 View Report.pdf City of Oakland Page 3 Printed on 5/6/11 | 3 | RulesAndLegislationCommittee/2011-04-14.pdf |