Ryan Frank at the Oregonian did another piece on foreclosures in Portland. He said, "The uptick comes as lenders, which months ago had put a moratorium on foreclosures, have grown more aggressive with struggling borrowers."
For some reason, I don't remember the moratorium on foreclosures -- they might have not foreclosed on election day or some holiday, but an outright moratorium? All in all, this is sad news for homeowners. Getting a hold of your bank and negotiating a modification for those that can't refinance is a sure bet towards some relief.
Monday, September 7, 2009
Lenders growing more aggressive with struggling borrowers
Portland foreclosure is Portland's online resource and help center for Portland foreclosure info and listings for foreclosures in the Portland metropolitan area including Multnomah, Clackamas, Washington, Yamhill and Clark County in Vancouver Washington.
No matter if you are a homeowner with financial difficulty, an investor or first-time buyer looking at purchasing a short sale, there is a lot of help and information available for Portland foreclosures. Portland Foreclosure is located at 1030 NW 12TH AVE TH4, PORTLAND, OR 97209. Visit us online at portlandforeclosure.com
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