Laws & Taxes

Laws & Taxes

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...

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...

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...

Smith Bill Makes Homeownership a Reality for American Families

Washington, D.C. - December 20th, 2007 - A new law authored by Oregon Senator Gordon Smith will allow homeownership to be more affordable for...

State approves housing funds generating over $256.6 million in economic activity across Oregon

Salem, November 6, 2007 – Fourteen low-income housing projects throughout Oregon will receive funding through the Oregon Housing and Community Services autumn 2007 funding cycle, OHCS Director Victor Merced announced Tuesday

State approves housing funds generating over $32.7 million in economic activity across Oregon

Salem, Oregon – Twelve low-income housing projects throughout Oregon will receive funding through the Oregon Housing and Community Services (OHCS) spring 2007 funding cycle, OHCS Director Victor Merced announced August 8, 2007

Mobile Home Owners Forced to Move from a Closing Park

Due to recent law changes, there is a different credit available to mobile home owners for 2007. This credit is different from the credit...

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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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House Passes Bill to Ensure 8-Year-Old Locally Supported Land Exchange in...

H.R. 699, the “Mount Hood Cooper Spur Land Exchange Clarification Act,” sponsored by Rep. Greg Walden (R-OR) passed on suspension by a vote of 415-1. Chairman Rob Bishop (R-UT) issued the following statement