Foreclosure mediation program ramps up

Foreclosure mediation program ramps up

The program requires the state's large lenders to offer a meeting with homeowners before they can foreclose.

Lenders are scheduled to meet face-to-face with 76 homeowners in November, and 34 more so far in December, the program's administrator told an advisory committee Tuesday.

Chase Bank is the largest mortgage servicer participating so far.

 

Read more at Oregonlive.