Yearly Archives: 2008

State issues fines, enforcement orders in two mortgage lending cases

Former managers ordered to pay fines and a mortgage company receives conditional license Salem, OR - December 29, 2008 - (RealEstateRama) – In an ongoing effort to strengthen its...

Bachrach Reelected Housing Authority Chair

PORTLAND, Ore. - December 19, 2008 - (RealEstateRama) – Jeff Bachrach has been reelected for a third year as chair of the Housing Authority of Portland’s...

RECORD NUMBER OF CENTRAL OREGONIANS SEEK RENTAL ASSISTANCE

Redmond, OR – December 10, 2008 - (RealEstateRama) – The housing crisis and severe slow-down in the economy is hitting Central Oregonians where they...

State denies license, orders mortgage broker to cease and desist

Firm ordered to pay $70,000 in fines for violations of Oregon Mortgage Lender Law Salem, OR - October 20, 2008 - (RealEstateRama) — In a...

Real Estate Loan Officer Pleads Guilty to Mortgage Fraud Scheme

Portland , Ore. - October 2, 2008 - (RealEstateRama) — Marty Ray Folwick, 50, pled guilty today before United States District Court Judge Garr...

Blumenauer Votes Against Bailout Legislation

Washington, DC - October 1, 2008 - (RealEstateRama) — In a moment of historic import, Congressman Blumenauer has voted with the House of Representatives...

Housing Authority of Portland Completes Its Second HOPE VI Redevelopment

PORTLAND, Ore. - September 14, 2008 - (RealEstateRama) — The Housing Authority of Portland (HAP) marked the completion of its Humboldt Gardens redevelopment with residents and its project partners at a celebration earlier this month. Following New Columbia, Humboldt Gardens is HAP’s second redevelopment anchored by a federal HOPE VI grant.

State takes enforcement action against four mortgage brokers

Cases involve unethical behavior, falsified loan documents, training requirements Salem, OR - August 19, 2008 - (RealEstateRama) — In its continuing effort to strengthen enforcement in...

OREGON’S LARGEST HOME BUILDER ANNOUNCES GROUND BREAKING OF SW PORTLAND’S STERLING CREEK

LAKE OSWEGO, Ore. - Buena Vista Custom Homes has announced the ground breaking of its newest neighborhood, Sterling Creek, located in Southwest Portland. The forested...

NorthWest Crossing Cottage Becomes Part of Housing Works Program

Bend, Oregon - April 7, 2008 - NorthWest Crossing, an award-winning Central Oregon neighborhood, today announced that Housing Works has purchased a cottage for...

Realtor and Loan Broker Admit Participating in Scheme As Part of Pretrial Diversion Agreements

Portland, Ore. – 04/08/2008 - After considering over three hours of testimony and legal arguments, Judge Michael Mosman today sentenced Ryan Bonneau, 31, of...

Property Taxes: Interest Example

The 6 percent interest is simple, meaning that the interest computes yearly against the deferred tax amounts. Deferral accounts do not accrue compound interest,...

Oregon receives grant money for foreclosure counseling and assistance

Salem, OR - March 17, 2008 - In response to Governor Kulongoski’s call to connect Oregonians with pre-foreclosure counseling, the Department of Consumer and...

OREGON HOME BUILDER’S SELLS 36 HOMES AT SECOND AUCTION

LAKE OSWEGO, Ore. - March 10, 2008 - Buena Vista Custom Homes announced today the company’s weekend auction of its remaining inventory resulted in...

OREGON HOME BUILDER RELEASES INITIAL HOME AUCTION SALES EXAMPLES

Numbers released show discounts of up to 36% from previous pricingLAKE OSWEGO, OR - February 25, 2008 - Buena Vista Custom Homes today released sales...

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Oregon Man Pleads Guilty to Threatening Vietnamese Neighbors and Interfering with...

John Blayne Vangastel, 37, of Klamath Falls, Oregon, pleaded guilty today in the District of Oregon to one count of using threats of force to injure, intimidate and interfere with his neighbors in the enjoyment of their housing rights because they are a family of Vietnamese descent.

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New Coalition Formed to Advance Zero Energy Buildings in Oregon

A group of Oregon-based organizations is announcing the formation of a coalition to advance the rapid adoption of zero energy building standards in the state of Oregon. A zero energy home or commercial building generates as much energy as it consumes over the course of a year through renewable resources. The founding members of the Oregon Zero Energy Buildings Coalition are Earth Advantage, Climate Solutions, New Buildings Institute, NW Energy Coalition, International Living Future Institute, and the Zero Energy Project.