File #: 10-0528    Version: Name: Support Of Assembly Bill 1321
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 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]
Attachments: 1. View Report.pdf, 2. 83335 CMS.pdf
Title
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]