Oregon Foreclosure Laws(new) and Major Event in medford

[snapple candy]

News laws signed into effect for Oregon that "MAY" help prevent foreclosure:
www.foreclosurehelporegon.gov

Also the state has organized an event in Medford, OR on Oct 17 that will allow homeowners to meet counselors, lenders, and attorneys to discuss strategies to avoid foreclosure and attend workshops aimed at preventing foreclosure. For more info on the Free Home Ownership Preservation Event visit ACCESS, Inc. - HOME or calll 541-774-4305.

[snapple candy]

I missed a dot.
State of Oregon: Foreclosure Help

New law to help homeowners

A new Oregon law requires your lender to meet with you - in person or by phone - to discuss a loan modification that could lower your monthly payments and help you stay in your home. If you are facing foreclosure, check your mail for a notice from your lender about this option. When you receive the notice, immediately call your lender or send back the loan modification request form. Click below for more information.New law to help homeowners

1-to-1 Counseling n Workshops n Information
Open to the public
Saturday, Oct. 17, 2009
9 a.m. to 4 p.m.
RCC/SOU
Higher Education Center
101 South Bartlett, Medford, OR 97501

FREE
What are my options to keep or save my home?
Get answers from government agencies, non-profit counselors, lawyers, and lenders about:
n Refinancing your loan
n Modifying your loan
n New government housing programs
n Avoiding foreclosure scams
For more information or to register:
ACCESS, Inc. - HOME
Call 541-774-4305
Please register by Oct. 9, 2009.
Walk-ins welcome!Home
Ownership
Preservation
Event
Sponsored by: ACCESS,Inc., Center for Non-Profit Legal Services, City of Ashland,
City of Medford, Federal Reserve Bank of San Francisco, Grants Pass Association of Realtors, Oregon Dept. of Consumer & Business Services, Oregon Housing & Community Services,
Oregon Dept. of Justice, Southern Oregon Housing Resource Center, Rogue Valley Association
of Realtors, SOFCU Community Credit Union, RCC/SOU Higher Education Center

[caldwellb02]

Wish I could move. Good for Oregon!

[bloominga]

It will be interesting to se if we can follow this as times goes on to see if itis being implemented and offereing the homeowner a solution or if it is just another way to make it look like there is help for Main Street.

I hope it is for real and it spreads to other states.

[snapple candy]

Well, I know our Senator Jeff Merkley who is newly elected is pushing for alot of reform and was also pushing for the BK cram down since we have a very high foreclosure rate (weve dropped to #11 in the country from #2). It is starting to increase rapidly now in Idaho I heard today on NPR.

I think this may be a bit weak this bill because they can make up all the laws they want, it still comes down to accountability. The lenders can always say they met or talked to you. It doesnt mean they offered you anything that actually worked for you, or that they would even modify your loan. Im skeptical.

I havent heard anyone mention yet who lives in Oregon that they have received this required notification from their lender.