[This is the second post in a 2-part series in which we take a not-so-nostalgic stroll down Memory Lane, revisiting the events that linger with
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
Can I sell my home (i.e. my “primary residence”) for less money than I owe to my bank? The short answer is that “it depends.”
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
As we move into the New Year, our friends in the banking, servicing, and title industries have hastily convened a conference call to deal with
As we enter the New Year, everyone, it seems, has an opinion or prediction. However, one rule should always be applied: Be careful how you
Have you ever been curious about what “test” the Big Banks apply when deciding to allow short sales? I have. What follows is my
The sad reality is that negative equity, short sales, and foreclosures, will likely be around for quite a while. “Negative equity”, which is the excess
“[The defendant banks] categorize [the plaintiff borrowers] as ‘strategic defaulters’ who are riding out their admitted default by raising frivolous legal challenges while continuing to
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
