Oregon Mortgage Mediation Program

Oregon Foreclosures
Changes to Oregon’s Foreclosure Law Information about Oregon Mortgage Mediation 132 at risk homeowners have applied for Oregon’s new Pre Foreclosure Mediation with no response from the banks. Jonathan Conant manager of Oregon’s Foreclosure Mediation subcontractor, Collins Center for Public Policy said the five biggest banks in Oregon aren’t & won’t participate in the new foreclosure mediation program, “They just don’t want to play”. The new law permits homeowners that are at risk of becoming in default on their mortgage the right to request mediation with their bank in resolving mortgage issues prior to being late with any payments. Banks aren’t responding & won’t participate under any circumstances according to Conant Oregon’s Mediation Manager. As a Distressed Properties Veteran I am not surprised, not one bit. Big banks dodge or…
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