Title
Subject: Support Of Assembly Bill 260
From: Vice Mayor Ignacio De La Fuente
Recommendation: Adopt A Resolution To Support Assembly Bill 260 (Lieu) To Reform Mortgage Lending Practices By Placing Restrictions On Subprime Loans, Prohibits Various Practices By Lenders And Brokers And Authorizes State Regulatory Agencies To Suspend Or Revoke Licenses Of Real Estate Lenders And Mortgage Brokers That Violate Lending Laws