Foreclosure Mediation in Oregon – Senate Bill 1552

Ticor Title Company

 

Our friends at Ticor Title have shared an informative article regarding Oregon’s Senate Bill 1552.  On April 11, 2012, the Governer signed a bill that establishes a mediation program for owner-occupied homes in non-judicial foreclosure.  This bill provides a framework in which a borrower may negotiate with the borrower’s mortgage lender for a “foreclosure avoidance measure” through the assistance mediator.

Read the entire article here:  Foreclosure Mediation.

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