Oregon House approves foreclosure mediation expansion

Oregon House approves foreclosure mediation expansion

The Oregon House passed an expansion of the foreclosure mediation program created by the Legislature last year.

Under Senate Bill 558A, the program would apply to foreclosures pursued by lenders in courts, which has become the standard procedure for most lenders. When the Legislature created the mediation program a year ago, most foreclosures occurred outside the court system.

The bill passed in the House with a 45-12 vote. It now heads to Gov. John Kitzhaber, who intends to sign it into law, a spokeswoman said.

Read more at OregonLive.com.

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