More than 19,000 foreclosed households in Oregon are eligible to receive a payment of $840 or more through the
National Mortgage Settlement. To be eligible for the settlement payment, the households must have lost their homes to foreclosure between January 1, 2008 and December 31, 2011. Furthermore the households must have had a home loan that was serviced by one of the five major loan servicers that are part of the National Mortgage Settlement. These loan servicers are Ally/GMAC, Bank of America, CITI, JP Morgan Chase, and Wells Fargo. Together the servicing portfolios of these particular loan servicers represent the majority of all home loans in Oregon.