Washington, D.C. - November 17, 2010 - (RealEstateRama) --Oregon’s Senator Jeff Merkley, a member of the Senate Banking Committee, issued the following statement Tuesday after the committee’s hearing on the major problems in the national mortgage servicing industry:
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 - (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.
Salem, OR - August 3, 2010 - (RealEstateRama) -- Starting this week, Oregonians looking to buy a home or refinance their mortgage can go online to see if a mortgage lender has met stringent new licensing standards.
Salem, OR - July 13, 2010 - (RealEstateRama) -- As part of the state‟s ongoing effort to protect Oregonians from mortgage fraud, the Department of Consumer and Business Services recently took action against three mortgage lending companies and their owners.
WASHINGTON, DC - May 12, 2010 - (RealEstateRama) -- Today, an amendment put forth by Oregon Senator Jeff Merkley and Minnesota Senator Amy Klobuchar to the Wall Street reform bill passed the Senate by a vote of 63-36.
WASHINGTON, DC - May 11, 2010 - (RealEstateRama) -- Today, Oregon’s Senator Jeff Merkley introduced an amendment to the Wall Street reform bill that will ban one of the most egregious mortgage practices that directly led to millions of families losing their homes.
PORTLAND, OR - February 9, 2010 - (RealEstateRama) -- Joel D. Surprenant, 43, of West Linn, Oregon, pled guilty today to the crime of bank fraud. Surprenant is scheduled to appear again before U.S. District Judge Robert E. Jones on May 12, 2010, for sentencing on these charges.
PORTLAND, OR - November 24, 2009 - (RealEstateRama) -- Senior United States District Judge Robert E. Jones today sentenced Lee Howlett, 46, of Portland, to 41 months in prison, to be followed by three years of supervised release. Howlett pled guilty in February 2009 to a single count of conspiring to make false statements to financial institutions.
Salem, OR - October 13, 2009 - (RealEstateRama) -- In its ongoing effort to protect consumers from mortgage lending fraud, the Oregon Department of Consumer and Business Services (DCBS) has revoked the license of Tigard-based Pacific Rim Mortgage, Inc. and issued a cease-and-desist order against its owner, Victoria Bigham.
Washington, DC - September 23, 2009 - (RealEstateRama) -- Oregon’s Senator Jeff Merkley urged Treasury Secretary Timothy Geithner and Housing and Urban Development Secretary Shaun Donovan Wednesday to implement several improvements to the Home Affordable Modification Program (HAMP) to make mortgage modifications simpler and speedier for borrowers and counselors.
Salem, OR - September 16, 2009 - (RealEstateRama) -- Starting next week, Oregonians will have a chance to help shape how Oregon Housing and Community Services implements funding received from House Bill 2436 at public forums held throughout the state.
Salem, OR - July 7, 2009 - (RealEstateRama) – The Department of Consumer and Business Services (DCBS) issued cease-and-desist orders against two mortgage brokers and two loan originators in four recent cases
Salem, OR - June 3, 2009 - (RealEstateRama) — In its continuing effort to strengthen enforcement of mortgage lending laws, the Oregon Department of Consumer and Business Services recently issued cease-and-desist orders assessing fines and revoking the licenses of two mortgage brokers: Mountainview Marketing of St. Helens and Sterling Coast to Coast Financial Group Inc. of Irvine, Calif.
Salem, OR - April 24, 2009 - (RealEstateRama) — In an ongoing effort to better protect Oregon mortgage borrowers from fraud, the Department of Consumer and Business Services issued a cease-and-desist order permanently barring Larry Jason Somera of West Linn from the mortgage lending industry after he pleaded guilty in Multnomah County Court to one count of forgery.