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Jen Woodbury's Blog

By Jen Woodbury | Broker in Lake Oswego, OR

Update on Oregon Mortgage Relief Settlement

Relief manifested by way of cutting some Oregon home loans 50.5 million. 3,100 homeowners are seeing relief including short sales with debt forgiveness and some second-lien debt forgiveness. Some 377 homeowners were also allowed to refinance saving them money as well. Most importantly, the settlement has 304 new rules, in effect Oct 2, that forces a single point of contact for homeowners facing foreclosure as well as better handling of documents to avoid future fraudulence of foreclosure affidavits signatures.




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Call an experienced professional, Jen Woodbury, to buy or sell Oregon homes at 808-936-8957 and 503-218-3936.

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