File #: 10-0527    Version: Name: Support Of Senate Bill SB 729
Type: City Resolution Status: Passed
File created: 3/29/2011 In control: Concurrent Meeting of the Oakland Redevelopment Agency / City Council
On agenda: 4/28/2011 Final action: 5/3/2011
Title: 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]
Attachments: 1. View Report.pdf, 2. 83334 CMS.pdf
Title
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]