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...