Foreclosure today is not what it used to be. In the past, banks and borrowers tried to avoid foreclosure, since it was a lose-lose proposition
On March 5, 2012, the Oregon Legislature passed a sweeping series of changes to its trust deed foreclosure law, SB 1552. Once signed by the
Well, the stealthy lending lobby is up to its old tricks. Just as they did in the 2011 Oregon Regular Session, they prefer to work
Word has it that Oregon has agreed to sign on to the 50-state attorneys general settlement with five of the country’s largest banks: Bank of
It has recently been reported that Big Banks must have ‘living wills’ in place by July, 2012. In estate planning circles, a “living will” is
As we approach 2012, our friends in the banking, servicing, and title industries are on their last conference call of the year; this time discussing
Have you ever been curious about what “test” the Big Banks apply when deciding to allow short sales? I have. What follows is my
Having counseled approximately two hundred Oregon homeowners drowning in negative equity, I have discovered that many, if not most, believe that somehow their lenders can
The risk of ***strategic default is rising among loans that have “always performed,” according to the credit analysts at Moody’s Analytics. They say as home
