Foreclosure Starts Are on the Rise

Foreclosure starts rose 12 percent from February to a total of 52,100 in March as later-stage hurricane-related delinquencies began to roll over into active foreclosure starts. This, according to the First Look report on Mortgage performance released by Black Knight on Thursday. The report noted that over two-thirds of these foreclosure starts were in hurricane-impacted areas of … Continued

Dodd-Frank Act Rollback

The Dodd-Frank Act was enacted to keep banks and mortgage lenders from writing “liar loans.”  Liar Loans were a big factor in the breakdown of the economy in 2008. Now, just 10 years later with Donald Trump as president of the United States, on Thursday, May 24th, 2018, Donald Trump delivered on one of his … Continued

Frank Dodd Act in Review

Reports are coming out from the US Dept of Treasury which call for a sweeping financial reform including the non-popular Frank-Dodd Act. Why? Because President Donald Trump signed an executive order directing  Treasury  Secretary Steven Mnuchin to examine our nation’s financial laws.  This is the second of the Treasury’s report and is 232 pages. The Dodd-Frank Act, … Continued

Starter Homes in Short Supply

“America is experiencing a housing shortage. Not only are there fewer homes available to buyers of all income levels, those just starting out or making their first foray into home ownership are worse off than they’ve been in years. There are fewer homes available, and even if they can find a home, it’s likely to … Continued

Real Property Auctions in Lane County

If you google “Foreclosures in Eugene Oregon” you will find that there are 140 homes for sale as foreclosed in Eugene today. It’s a myth that there isn’t that much foreclosure going on.  “The total number of homes with foreclosure filings jumped 27% in October 2016.  It was the biggest jump in monthly foreclosure filings … Continued

Looking to Downsize?

The Oregon Legislature is considering two bills intended to make it easier to build tiny houses legally.  Advocates across the state see tiny houses– or as they are officially known: accessory dwelling units—as one way to address homelessness and occupancy rates that are so high some cities, like Portland, have declared “housing emergencies”. The tiny … Continued

What you need before calling the bank

What You Need when Calling Bank

Requesting a HARP Modified Mortgage? You better have your documents all ready to send in!  You must send them all in at one time. If  you trickle your documents in, a little at a time, the big banks & mortgage companies will shred your mail.  This is blog 4 in a series. To find out … Continued

Foreclosure Scams in Eugene & Springfield– Beware Of Scams Like These

As you now, foreclosures over the past 5 years have been at record levels.  Just like with anything, when there’s an opportunity or when there’s people in pain… the dishonest and unscrupulous people in the world tend to come out of the dark shadows to prey on home owners who don’t know any better. Foreclosure … Continued