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

13 West Coast seafood species now 'sustainable'

News
Tuesday, June 03, 2014

Fishing OrBiz Fishing 0357 ADOBErgbCiting the transition to catch shares management as a key to rebuilding stocks and reducing bycatch, 13 species caught by the West Coast trawl fishery today earned designation from the Marine Stewardship Council (MSC) as sustainable.


Read more...

The business of running a food cart

News
Thursday, June 05, 2014
OBM1BY HANNAH WALLACE | OB BLOGGER

What does it take to launch and run one of these mobile food businesses?  


Read more...

Powerlist: Credit Unions

June 2014
Thursday, May 29, 2014
BY KIM MOORE

A conversation about credit unions with the CEOs of Advantis Credit Union and OSU Federal Credit Union, followed by June's Powerlist.


Read more...

Portland: Where young people go to work?

News
Friday, June 06, 2014
UntitledBY KATIE AUSBURGER | OB GUEST CONTRIBUTOR

How to build a hipster-friendly work environment.


Read more...

Oversight? Or gaming the system?

News
Monday, July 14, 2014
AmazonBY VIVIAN MCINERNY | OB BLOGGER

Some people think Amazon’s winking eye logo is starting to look like a hoodwink.


Read more...

EPA Standards: A breath of fresh air for the region

News
Thursday, June 12, 2014
EPABY ANDREA DURBIN | OB GUEST BLOGGER

Last week, the Obama administration took an important and welcomed step in the effort to protect the health and well-being of all Oregonians by limiting carbon pollution from existing power plants.


Read more...

The global challenge

News
Friday, June 27, 2014
062714 thumb globalmarketBY JASON NORRIS | OB BLOGGER

Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.


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