Oregon Supreme Court Rules on MERS Foreclosures

The Oregon Supreme Court ruled earlier this month in two cases that will have a major impact on how foreclosures are handled in Oregon. For decades most foreclosures in Oregon have been handled out of court.  That is, until a couple borrowers questioned whether or not the Mortgage Electronic Registry System (MERS) could legally file […]

Foreclosures are Still a Big Part of the Real Estate Market

Foreclosed homes.  Bank owned homes. Remember them?    They aren’t talked about as much any more but they are still out there and they still have the ability to affect the real estate market.   Search for bank owned homes in Bend, OR       RealtyTrac’s first quarter analysis of foreclosure inventory shows that […]