Sources: Morris Schneider Wittstadt declaring bankruptcy, closing immediately

Sources: Morris Schneider Wittstadt declaring bankruptcy, closing immediately

LandCastle Title’s operations will not be affected

8 avoidable mistakes first-time homebuyers keep making

Stop doing these things

Trending Thursday: CFPB data collection worse than the NSA?

Slowly but surely GSE shareholders cutting into Treasury, FHFA secrecy
W S
Servicing / The Ticker

Oakland battles anti-foreclosure plan

caution
/ Print / Reprints /
| Share More
/ Text Size+

According to the Oakland Local, the Oakland City Council is debating whether it should support Richmond, Calif.'s out of the box anti-foreclosure proposal.

A resolution first offered by Council member Desley Brooks in two separate Rules Committee meetings last month was rescheduled for Nov. 19 following a motion by Kalb who said he still needed time to understand the intricacies of Richmond’s controversial plan to aid owners of underwater mortgages.

Tuesday’s arguments were rooted in a legal council procedure allowing a workaround by Brooks to finally get the Richmond foreclosure resolution on the council’s agenda. Council President Pat Kernighan referenced the maneuvering, saying, “The reason you are hearing discord because this item never went to committee.”

Source: Oakland Local
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus