Oregon seeks 10,000 residents due foreclosure settlement payments

| Print |  Email
Must Reads
Thursday, January 03, 2013

Two weeks before the deadline, 10,000 Oregonians eligible for payments from a nationwide foreclosure settlement haven't filed claims.

The settlement, announced in February, sets aside $1.5 billion for direct payments to about 2 million borrowers nationwide whose homes were foreclosed between 2008 and 2011 by one of five participating mortgage servicers: Ally/GMAC, Bank of America, Citi, JPMorgan Chase and Wells Fargo.

Many foreclosure relief programs have struggled to reach homeowners. Contact information -- in this case supplied by the servicers -- is often out of date. And for those who can be reached, notices arrive amid an avalanche of foreclosure-related pitches, many of which are fraudulent.

Read more at OregonLive.com.

{biztweet}oregon foreclosure{/biztweet}

 

More Articles

The Cover Story

Linda Baker
Thursday, August 27, 2015
01-cover-0915-thumbBY LINDA BAKER | EDITOR

How do you put a baby on the cover of a business magazine without it looking too cutesy?


Read more...

Unshakable

September 2015
Wednesday, August 19, 2015
BY BRIAN LIBBY

Ben Kaiser holds his ground.


Read more...

Loose Talk

July/August 2015
Friday, July 10, 2015
BY AMY MILSHTEIN

When gossip crosses the line.


Read more...

Reader Input: Rx for Health Care

July/August 2015
Wednesday, July 15, 2015

We asked readers how Obamacare has impacted their business.


Read more...

Wildcards

Guest Blog
Tuesday, July 28, 2015
072815fergusonthumbBY JASON NORRIS

Uncertainty in Greece and China, along with potential interest rate hikes mean investors are looking at the market and nervously questioning where they should be invested.


Read more...

The Private 150: From Strength to Strength

July/August 2015
Monday, July 13, 2015
BY KIM MOORE

Revenues in Oregon's private, for profit sector maintained solid growth as the economy continued to rebound.


Read more...

Reader Input: Energy Overload

June 2015
Wednesday, July 15, 2015

We asked readers to weigh in on the fossil fuel-green energy equation.


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