|| Print ||
|Wednesday, October 20, 2010|
By Jacq Lacy
As the number of foreclosures plateaus, more homeowners are sinking their heels into their properties, refusing to vacate repossessed properties. Some do not make a mortgage payment for more than two years yet refuse to budge according to real estate insiders. This is contributing to the bogged down state of the housing market and further muddying the far-from-cleaned-up mortgage mess.
Nine of Murphy’s 20 repossessed properties, currently on her desk, remain occupied.
As of the end of September, the U.S Department of Treasury's Hardest Hit Fund designated approximately $220.7 million to assist Oregon homeowners facing foreclosure. In addition, Oregon Housing and Community Services (OHCS) received a total of $31.4 million through the Neighborhood Stabilization Program (NSP) as of last week. Since 2008, NSP money has rebuilt foreclosed homes in 46 cities in Oregon for low and middle-income families. Also, 173 zero interest, $30-40,000 loans have been made to homebuyers across the state through NSP down payment assistance.
“I can only hope the house will be vacant,” she says.
Jacq Lacy is an associate writer for Oregon Business.
Tuesday, December 02, 2014
BY LINDA BAKER
A conversation with attorney Erich Merrill about the latest way to raise money from large groups of people.
Friday, October 24, 2014
How does your workplace stack up against competitors? How can you improve workplace practices to help recruit and retain employees? Find out by taking our 100 Best Companies to Work for in Oregon survey!
Saturday, December 13, 2014
Checking in with the managing director of Arnerich Massena.
Thursday, November 20, 2014
BY OB STAFF
Farmers, grocery stores and food processors cash in on kale.
Wednesday, October 22, 2014
BY JESSICA RIDGWAY
Most smartphones come equipped with speech recognition systems like Siri or Cortana that are capable of understanding the human voice and putting words into actions. But what if smartphones could do more? What if smartphones could register feeling?
Wednesday, November 26, 2014
BY NISHANT BHAJARIA | OP-ED CONTRIBUTOR
By now, anyone who knows about it has a position on President Obama’s executive order on immigration. The executive order is the outcome of failed attempts at getting a bill through the normal legislative process. Both Obama and his predecessor came close, but not close enough since the process broke down multiple times.
Thursday, December 11, 2014
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
We ask business and nonprofit leaders how they survive the season.
|A Complex Portrait: Immigration, Jobs and the Economy|
|Woman of Steel|
|Kill the Meeting|
|Labor dispute at the ports slowing Christmas deliveries|
|Fed stresses 'patience' regarding interest rate|
|Obama to announce end of Cuba isolation|
|Energy prices drop cost of living in US by most since 2008|
|Russia's attempt to slow ruble freefall fails|
|AAA: Holiday travel could set record this year|
|Sub-$2 gas prevalent across US|
Port of Morrow's business-ready attitude has a surprising global impact.
Through its support of the arts, the Cultural Trust is strengthening the business community.
Heed the morals of these seminal holiday stories in your everyday life.
Amy will practice in the firm's Business, Real Estate, and Tax practice groups.