Mortgage

Mortgage

FBI and U.S. Attorney Expand the Oregon Mortgage Fraud Working Group Effort

Portland, OR - April 20, 2009 - (RealEstateRama) — The Portland office of the Federal Bureau of Investigation (FBI) and the U.S. Attorney’s Office today announced expanded efforts to identify and prosecute mortgage fraud. As part of a multi-agency approach, special internet and phone tip lines have been established to handle reports of mortgage fraud. Investigations will be handled by the Oregon Mortgage Fraud Working Group, which has been operating since 2007, and continues to tackle mortgage fraud on multiple fronts.

Homeowners Should Be Wary of Loan Modification Offers

Salem, OR - March 4, 2009 - (RealEstateRama) — Oregonians facing foreclosure should beware of offers to modify their mortgage loan or find a loan modification for a fee, the Oregon Department of Consumer and Business Services and Department of Justice warned today.

State issues fines, orders in mortgage fraud case

Salem, OR - February 26, 2009 - (RealEstateRama) — In an ongoing effort to increase enforcement of mortgage lending laws, the Oregon Department of Consumer and Business Services levied fines against a mortgage broker and one of its employees for unethical and fraudulent behavior.

Eleven Count Federal Indictment Charges Former Portland Loan Officer with Mortgage Fraud

Portland, Ore. - February 20, 2009 - (RealEstateRama) — U.S. Attorney for the District of Oregon, Karin J. Immergut, announced a federal indictment was filed in U.S. District Court for the District of Oregon charging Kamau Herndon, 37, of Portland, with six counts of wire fraud, one count of mail fraud, three counts of money laundering, and one count of aggravated identity theft in connection with a mortgage fraud scheme.

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...

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...

Smith Keeps Pressure on for Mortgage Help

Smith-Kerry provision will help keep low-income families in their homes February 28th, 2008 - Washington, D.C - Oregon Senator Gordon Smith today continued his efforts...

Smith Offers Strategies to Protect Seniors from Mortgage Scams

February 13th, 2008 - Washington, D.C. - To prevent the rise of foreclosure marketing scams aimed at America’s seniors, Senator Gordon H. Smith (R-OR)...

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...

Portland Resident Pleads Guilty to Wire Fraud and Money Laundering in Connection with Real...

Portland, OR, November 14, 2007- Ryan Bonneau, 31, of Portland, pleaded guilty today before United States District Court Judge Michael W. Mosman to...

Oregon CUs offer help on mortgage tumult

BEAVERTON, Ore., November 8, 2007 -- Two Oregon credit unions, O.U.R. CU of Eugene and SOFCU Community CU of Grants Pass, shared some experiences helping their members find new options for mortgages recently with the Credit Union Association of Oregon

Governor Calls for Assistance for Consumers Who Face Foreclosure

Salem, September 14, 2007 - Governor Kulongoski today announced several initiatives to help Oregonians who may be facing mortgage foreclosure due to the recent tightening...

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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.