Home Must Reads Out-of-court foreclosures stop

Out-of-court foreclosures stop

| Print |  Email
Must Reads
Wednesday, July 25, 2012

Out-of-court foreclosures in Oregon have stopped due to a new mediation program and a court defeat for lenders.

Oregon's seven largest counties recorded only three nonjudicial foreclosures last week, the first full week since the new mediation law went into effect, officials in those counties say. That compares with 256 in the week of July 4th in those counties and more than 1,000 filed in the month of June.

It's unlikely that foreclosures will shift exclusively to courtrooms in Oregon, industry insiders say. Some say lenders are merely ensuring they can comply with the new law and its rules, which weren't finalized until July 6.

Read more at OregonLive.com.

{biztweet}oregon foreclosure{/biztweet}

 

More Articles

Powerlist: Law Firms

October 2014
Thursday, September 25, 2014
BY KIM MOORE

A conversation with leading partners at law firms in Portland and eastern Oregon, followed by October's powerlist.


Read more...

Gone Fishing

October 2014
Thursday, September 25, 2014
BY LORI TOBIAS

Business has been good to Laura Anderson, leading some to suggest she must be awfully lucky to find such success in a business notorious for failure. But luck’s had little to do with it.


Read more...

Startup or Grow Up?

September 2014
Tuesday, August 26, 2014
BY JON BELL

Startup culture is all the rage. Is there a downside?


Read more...

What I'm Reading

October 2014
Thursday, September 25, 2014

Nick Herinckx, CEO of Obility, and Jake Weatherly, CEO of SheerID, share what they've been reading.


Read more...

How to add positivity to your team

Contributed Blogs
Friday, September 12, 2014
happy-seo-orlando-clientsBY TOM COX | OB BLOGGER

I often talk about what leaders can do. What about followers? If you’re a team member and you’d like to add positivity to your team, what might you do?


Read more...

Private liberal arts education: superior outcomes, competitive price

Contributed Blogs
Tuesday, August 26, 2014
0826 thumb collegemoneyBY DEBRA RINGOLD | OP-ED CONTRIBUTOR

Why has six years become an acceptable investment in public undergraduate education that over-promises and underperforms?


Read more...

Podcast: Turn Things Around with David Marquet

Contributed Blogs
Friday, October 17, 2014
davidmarquet thumbBY TOM COX | OB BLOGGER

How can you move from a command-and-control leadership model to one of true empowerment and accountability? David Marquet did, and he took notes along the way.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS