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Real Estate/Development

Sep. 20, 2003

Appeal Court OKs Oakland Ordinance on Home Loans

SAN FRANCISCO - A state appeal court has upheld an Oakland mortgage-lending ordinance, rejecting claims that the local law conflicted with state law and unfairly singled out state-chartered financial companies.

By Karen Coleman
Daily Journal Staff Writer
        SAN FRANCISCO - A state appeal court has upheld an Oakland mortgage-lending ordinance, rejecting claims that the local law conflicted with state law and unfairly singled out state-chartered financial companies.
        "We agree with the city's position that...

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