Inventory
info icon
Single family homes on the market. Updated weekly.Powered by Altos Research
675,558+7,403
30-yr Fixed Rate30-yr Fixed
info icon
30-Yr. Fixed Conforming. Updated hourly during market hours.
6.75%-0.01
Servicing

Oakland battles anti-foreclosure plan

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.”

Most Popular Articles

Latest Articles

Freddie Mac’s Donna Spencer on their Servicing Excellence initiative 

On today’s sponsored episode, Editor in Chief Sarah Wheeler talks with Donna Spencer, vice president of servicer relationship and performance management at Freddie Mac, to discuss their new Servicing Excellence initiative and the benefits for their partners. Related to this episode: Related to this episode: Servicing Excellence https://sf.freddiemac.com/articles/insights/servicing-excellence Forging a New Path: The Future of […]

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please