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Archive Home > 2009 > October > 01 > Oregonians who face losing homes get help from new law

Oregonians who face losing homes get help from new law

Lenders are now required to meet with homeowners in trouble to discuss loan modification options

By Andrew Moore / The Bulletin
October 1, 2009

Oregon homeowners facing foreclosure have one more line of defense thanks to a law that went into effect Monday requiring lenders to discuss loan modifications with troubled borrowers.

Signed into law earlier this year by Gov. Ted Kulongoski, Senate Bill 628 requires lenders to meet either in....

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