U.S. Senators Jeff Merkley (D-OR), Patty Murray (D-WA), Ron Wyden (D-OR), and Maria Cantwell (D-WA) announced that provisions to help fulfill long-unmet housing obligations to tribes along the Columbia River have passed the full U.S. Senate as part of the Water Resources Development Act of 2016 (WRDA)
Oregon’s Senator Jeff Merkley completed his Oregon Affordable Housing Tour today after stops in Portland, Medford and Eugene this week. Merkley held roundtable discussions in each city with local and state advocates about what the federal government can do to help address the housing crisis that is gripping the entire state. Additionally, Merkley heard directly from Oregonians who have been affected by rising rental prices, lack of available housing and skyrocketing housing prices
Visiting the downtown Meals on Wheels People dining center, Oregon’s Senator Jeff Merkley today announced the introduction of the Older Americans Community Access Revitalization and Education (CARE) Act in the Senate next week to help older Americans stay in their own homes and communities as they age.
WASHINGTON, DC - July 26, 2012 - (RealEstateRama) -- Oregon’s Senator Jeff Merkley today offered a new plan to tackle one of the most persistent challenges to the sputtering economy: the massive number of Americans who owe more on their mortgages than their homes are now worth. In a white paper containing the proposal, called “The 4% Mortgage: Rebuilding American Homeownership,” Merkley laid out a plan to allow underwater homeowners who are current on their mortgages to refinance to a lower interest rate.
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.
WASHINGTON, DC - May 12, 2011 - (RealEstateRama) -- U.S. Senators Jeff Merkley (D-OR) and Olympia Snowe (R-ME) today introduced the “Regulation of Mortgage Servicing Act” to help homeowners stay in their homes by making the rules for mortgage servicers more fair and transparent.