pages: RulesAndLegislationCommittee/2011-04-28.pdf, 10
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RulesAndLegislationCommittee | 2011-04-28 | *Rules & Legislation Committee Meeting Minutes April 28, 2011 7 Subject: Support Of Senate Bill SB 729 From: Councilmember Rebecca Kaplan Recommendation: 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. [TITLE CHANGE] 10-0527 A motion was made by Vice Mayor Brooks, seconded by Member Schaaf, that this matter be *Approve the Recommendation of Staff, and Forward to the Concurrent Meeting of the Oakland Redevelopment Agency / City Council, due back on May 3, 2011 as a Consent item. The motion carried by the following vote: Votes: Excused; 1 - President Pro Tempore De La Fuente Aye; 3 - Member Schaaf, Vice Mayor Brooks and Member Reid There was one speaker on this item. View Report.pdf 83334 CMS.pdf 8 Subject: Support Of Assembly Bill 1321 From: Councilmember Rebecca Kaplan Recommendation: 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. [TITLE CHANGE] 10-0528 A motion was made by Vice Mayor Brooks, seconded by Member Schaaf, that this matter be *Approve the Recommendation of Staff, and Forward to the Concurrent Meeting of the Oakland Redevelopment Agency / City Council, due back on May 3, 2011 as a Consent item. The motion carried by the following vote: Votes: Excused; 1 - President Pro Tempore De La Fuente Aye; 3 - Member Schaaf, Vice Mayor Brooks and Member Reid There was one speaker on this item. View Report.pdf 83335 CMS.pdf City of Oakland Page 10 Printed on 8/1/11 | 10 | RulesAndLegislationCommittee/2011-04-28.pdf |