Foreclosures
Oregon receives grant money for foreclosure counseling and assistance
March 17, 2008 Posted by Oregon Real Estate
Salem, OR - March 17, 2008 - In response to Governor Kulongoski’s call to connect Oregonians with pre-foreclosure counseling, the Department of Consumer and Business Services (DCBS), Oregon Housing and Community Services (OHCS), and the Oregon Law Center announced today that Oregon has received more than $500,000 in grant money to provide counseling and legal […]
Reform Would Keep Families in Homes and Away from Devastating Foreclosures
January 23, 2008 Posted by Oregon Real Estate
January 22nd, 2008 - Washington, D.C. - As foreclosures resulting from subprime mortgages take a devastating toll on communities across the country, Senators Gordon Smith (R-OR) and John Kerry (D-MA) are urging the Finance Committee to include mortgage financing assistance in the economic stimulus package currently being developed.
HUD Secretary announces disaster assistance for Oregon flood victims
December 10, 2007 Posted by Oregon Real Estate
Foreclosure protection offered to displaced families in Beaver State
WASHINGTON, December 10, 2007 - U.S. Housing and Urban Development Secretary Alphonso Jackson today announced HUD will speed federal disaster assistance to certain flood-ravaged counties in Oregon and provide support to homeowners and low-income renters forced from their homes following severe storms, landslides, and mudslides.
How does the foreclosure process work?
November 25, 2007 Posted by Oregon Real Estate
Foreclosure is the legal process the financial institution having an interest on your mortgage loan can initiate to take away your house if you are in default. Foreclosures can be initiated by anyone who has a lien on your house, including your lender or the county (if you don’t pay property taxes).
Governor Calls for Assistance for Consumers Who Face Foreclosure
October 5, 2007 Posted by Oregon Real Estate
Salem, September 14, 2007 - Governor Kulongoski today announced several initiatives to help Oregonians who may be facing mortgage foreclosure due to the recent tightening in the subprime lending market.
Department offers advice to help consumers avoid foreclosure
September 25, 2007 Posted by Oregon Real Estate
Talk to your lender early if you have problems making mortgage payments
Salem, Aug. 9, 2007 — The Department of Consumer and Business Services (DCBS) has produced a new publication to help consumers avoid mortgage foreclosure.
Make Money in Real Estate Foreclosures
July 28, 2007 Posted by Oregon Real Estate
While the nationwide rise in foreclosures is agony for homeowners who can’t make the mortgage, the ad suggests that foreclosures create opportunity for investors. The Florida-based National Foreclosure Institute’s four seminars in Portland this week aim to show Oregonians how to find that opportunity.