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Merkley, Snowe, Reed, Whitehouse Offer Amendment to End Worst Mortgage Abuses
June 14, 2011 Posted by Oregon RealEstateRama
WASHINGTON, DC – June 14, 2011 – (RealEstateRama) — U.S. Senators Jeff Merkley (D-OR), Olympia Snowe (R-ME), Jack Reed (D-RI) and Sheldon Whitehouse (D-RI) offered the Regulation of Mortgage Servicing Act of 2011 as an amendment to the Public Works and Economic Development Reauthorization Bill. The mortgage servicing bill would help homeowners stay in their homes by ending some of the well-documented abuses by mortgage servicers leading to foreclosures, and would produce a positive ripple effect through the economy by reducing the overall number of foreclosures.
Merkley: We Must Act Now to Stop Falling Home Prices
June 2, 2011 Posted by Oregon RealEstateRama
PORTLAND, OR – June 2, 2011 – (RealEstateRama) — Oregon’s Senator Jeff Merkley issued the following statement on news that home prices have fallen to their lowest level since the collapse of the housing market
Merkley Joins Effort to Protect Servicemembers From Falling Victim to Mortgage Abuses
March 7, 2011 Posted by Oregon RealEstateRama
PORTLAND, OR – March 7, 2011 – (RealEstateRama) — Oregon’s Senator Jeff Merkley joined Senator Sheldon Whitehouse (D-RI) in an effort to strengthen mortgage protections for servicemembers once they return home from duty.
Merkley, Snowe Push for New Rules to Protect Homeowners from Mistreatment by Banks
March 4, 2011 Posted by Oregon RealEstateRama
Washington, D.C. – March 4, 2011 – (RealEstateRama) — A group of 18 U.S. Senators, led by Jeff Merkley (D-OR) and Olympia Snowe (R-ME), urged government agencies to take action to prevent foreclosures and help families keep their homes.The senators made their request in a letter sent to Treasury Secretary Timothy Geithner, Secretary of the Department of Housing and Urban Development Shaun Donovan, Federal Reserve Chairman Ben Bernanke
Merkley Tells President Stronger Action Needed on Foreclosure Crisis
January 20, 2011 Posted by Oregon RealEstateRama
Washington, D.C. – January 20, 2011 – (RealEstateRama) — Oregon’s Senator Jeff Merkley penned a letter to President Obama today urging a greater focus on helping families stay in their homes and avoid foreclosure. In the letter, Merkley stressed that a strong housing market is essential to future job creation and noted that next week’s State of the Union address would be an ideal moment to jump start the conversation about how we can decrease foreclosures, stabilize the housing market, and help spur economic recovery.
Merkley Unveils Plan to Help Get Economy Back on Track: Boost the Housing Market and Stem the Tide of Foreclosures
January 18, 2011 Posted by Oregon RealEstateRama
Portland, OR – January 18, 2011 – (RealEstateRama) — Oregon’s Senator Jeff Merkley today visited the North Portland home of a family who is struggling to keep their home and unveiled his plan to address the ongoing foreclosure crisis and boost the nation’s troubled housing market. A range of economists have concluded that repairing the housing market is critical to adding jobs and accelerating the slow recovery.
Breaking News – MERS documentation fraud by WaMu/Chase Bank and Other Major Lenders
October 18, 2010 Posted by Nicole O.
October 18, 2010 – (RealEstateRama) — Since I as an Oregonian started investigating my own personal foreclosure and wanting more research and information on the fraud in Oregon regarding false documents and MERS, I decided to expand my research now into investigative journalism for Oregonians. Not one major law firm has yet to be found in any of the major search engines for MERS Fraud perpetrated upon many unsuspecting homeowners in Oregon State.
OREGON ATTORNEY GENERAL JOHN KROGER ANNOUNCES MULTI-STATE INVESTIGATION INTO MORTGAGE FORECLOSURE IRREGULARITIES
October 13, 2010 Posted by Oregon RealEstateRama
October 13, 2010 – (RealEstateRama) — Attorney General John Kroger and the Oregon Department of Consumer and Business Services today announced a multi-state investigation into whether affidavits and other documents have been improperly used as part of the foreclosure process.
Merkley Calls for Independent Investigation of Foreclosure Practices
October 4, 2010 Posted by Oregon RealEstateRama
Washington, D.C. – October 4, 2010 – (RealEstateRama) — Following the news that Ally Financial improperly handled foreclosure documents and decisions by several of the largest mortgage servicers to freeze foreclosures,
Merkley: $50 Million for Foreclosure Assistance Will Help Unemployed Oregonians Stay in Their Homes
August 13, 2010 Posted by Oregon RealEstateRama
Washington, D.C. – August 11, 2010 – (RealEstateRama) — The U.S. Department of Housing and Urban Development announced today that Oregon will receive nearly $50 million in additional funding to assist homeowners struggling to make their mortgage payments due to the loss of a job.
Oregon Housing Agency Submits $88 million funding proposal to U.S. Treasury
June 2, 2010 Posted by OHCS
Salem, OR – June 1, 2010 – (RealEstateRama) — Oregon Housing and Community Services (OHCS) submitted a proposal for review to U.S. Treasury today that outlines its plan for disbursing $88 million in foreclosure assistance funds
Oregon Housing and Community Services Receives $284,988 to Support Foreclosure Prevention Counseling
May 4, 2010 Posted by OHCS
Salem, OR – May 3, 2010 – (RealEstateRama) — Oregon Housing and Community Services (OHCS) recently received $284,988 to support local foreclosure prevention counseling efforts across Oregon.
Merkley: Oregon to Receive $88 Million for Programs Tailored to Assist Families Facing Foreclosure
March 29, 2010 Posted by Oregon RealEstateRama
Washington, D.C. – March 29, 2010 – (RealEstateRama) — The U.S. Treasury Department announced Monday that Oregon will be eligible for $88 million to help families living in areas that have been hit hardest by the housing crisis to stay in their homes.
State sanctions promoter of “foreclosure rescue” scheme
February 2, 2010 Posted by Oregon RealEstateRama
Salem, OR – February 2, 2010 – (RealEstateRama) — The Oregon Department of Consumer and Business Services (DCBS) issued a cease-and-desist order and assessed $250,000 in fines against Anthony “Tony” Schwartz and two businesses he controlled for selling interests in foreclosed homes he seized in a complex “foreclosure rescue” scheme.
Oregon homeowners facing foreclosure have new rights
September 29, 2009 Posted by Oregon RealEstateRama
Salem, OR – September 28, 2009 – (RealEstateRama) — Today a new law takes effect that strengthens the rights of Oregon homeowners who face foreclosure to help more families stay in their home during this difficult economic climate.
