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  • New Foreclosure Prevention Assistance Program Expands Statewide
     
    Distressed homeowners throughout Oregon can now apply for up to $20,000 to pay off past-due payments and become current on their mortgage. The Loan Preservation Assistance (LPA) Program was piloted earlier this year in select Oregon counties and is now available statewide. The program aims to help more than 2,000 Oregon homeowners avoid foreclosure by bringing their mortgages current.
     
  • Foreclosed Households May Qualify for Settlement Payment

    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.
  • OHCS Launches Foreclosure Prevention Website
     
    On Monday September 17, 2012, Oregon Housing and Community Services (OHCS) launched www.OregonHomeownerSupport.gov. The new state-sponsored website is designed to help Oregonians find resources to prevent or recover from foreclosure. The website includes videos about the foreclosure assistance website and foreclosure prevention counseling.  It also includes a Find a Counselor search feature and lots of information and links to all different types of foreclosure prevention and assistance programs.
    Related link: Find A Counselor
Oregon Housing and Community Services Current Topics
10-Year Plan for Oregon
10-Year Plan for Oregon
10-Year Plan for Oregon is a state effort to focus and tie investments to specific outcomes in six key policy areas: 1- Education, 2- Healthy People, 3- Economy and Jobs, 4- Healthy Environment, 5- Safety, and 6- Improving Government.
Multistate Settlement May Help Homeowners
Multistate Settlement May Help Homeowners
Distressed homeowners and Oregonians who have gone through the foreclosure process may be entitled to additional assistance if their mortgage servicer is a party to the multistate settlement.
Follow us on Twitter!
Follow us on Twitter!
Oregon Housing and Community Services has added the social media site Twitter to its communication and outreach program. Our goal is to reach all those interested in affordable housing development, homeownership, homelessness prevention and intervention.

Messages on Twitter will include the director's message, notices of upcoming meetings, news releases and technical updates.