City of Oakland - File #: 09-0444

• File #: 09-0444
• Version: 1
• Name: Support Of Assembly Bill 260
• Type: City Resolution
• Status: Passed
• File created: 5/13/2009
• In control: Concurrent Meeting of the Oakland Redevelopment Agency / City Council
• On agenda: 5/28/2009
• Final action: 6/2/2009
• 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

Date	Ver.	Action By	Action	Result
6/2/2009	1	Concurrent Meeting of the Oakland Redevelopment Agency / City Council	Adopted	Pass
5/28/2009	1	*Rules & Legislation Committee	Approved the Recommendation of Staff, and Forward	Pass
5/14/2009	1	*Rules & Legislation Committee	Scheduled

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