City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
2
071441
Name:
Urging banks to work with the City to address the
affects of subprime lending and calling on the
Federal Reserve to take action at the national level
to end predatory loan practices
Status:
Type:
Resolution
Passed
File created:
In control:
10/16/2007
Board of Supervisors
On agenda:
Final action:
10/23/2007
1/14/2008
Enactment date:
4-08
Enactment #:
Title:
Resolution urging banks to work with the City to address foreclosures and subprime loan practices;
calling on the Federal Reserve to prohibit loans at unaffordable rates, end the misuses of stated
loans, eliminate prepayment penalties, and designate failure to escrow taxes and insurance in
subprime loans as a deceptive practice.
Sponsors:
Tom Ammiano
Attachments:
1. Legislation_Ver1, 2. Legislation_Ver2, 3. Legislation_Ver3, 4. Leg_Final
Action By
Date
Action
Result
Ver.
REFERRED FOR ADOPTION WITHOUT
COMMITTEE REFERENCE AGENDA AT
THE NEXT BOARD MEETING
President
10/16/2007
1
REFERRED
Board of Supervisors
10/23/2007
1
SUBSTITUTED
Board of Supervisors
12/4/2007
2
ASSIGNED
President
12/4/2007
2
RECOMMENDED
Land Use and Economic
Development Committee
12/10/2007
2
Pass
CLERICAL CORRECTION
Clerk of the Board
1/7/2008
3
ADOPTED
Board of Supervisors
1/8/2008
2
Pass
APPROVED
Mayor
1/14/2008
2