Tag: sb 804

By April 16, 2013 1 Comments Read More →

Oregon Foreclosure Mediation Bill SB 558 Passes the Senate 22-7-1

Minutes ago the Oregon Senate voted to pass SB 558, the foreclosure mediation bill, on a largely bipartisan vote. The final vote was 22 ayes, 7 nays, and 1 excused. All 7 no votes came from Republicans. Those voting against: Fred Girod (R-Stayton), Tim Knopp (R-Bend), Jeff Kruse (R-Roseburg), Chuck Thomsen (R-Hood River), Betsy Close […]

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By April 11, 2013 2 Comments Read More →

MERS Bank Bailout Bill SB 804 Amended, Will Move To Rules Pending Niday Decision

This afternoon the Senate Committee on General Government, Consumer and Small Business Protection moved the Dash 1 amendments to SB 804, the so-called Bank Bailout Bill. Pursuant to an agreement between the Democratic Chair, Senator Chip Shields, and the Republican Vice-Chair, Senator Larry George, the amendments strip out certain provisions of SB 804, including the […]

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By April 9, 2013 0 Comments Read More →

Public Hearing Set on MERS Bank Bailout Bill SB 804–April 10

The Senate Committee on General Government, Consumer and Small Business Protection has scheduled a public hearing and possible work session on SB 804, the Bankers’ Bailout Bill. The Bailout Bill contains a parade of horribles that go far beyond a so-called MERS fix, rolling back a host of consumer protections, retroactively blessing thousands of illegal […]

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Foreclosure Facilitation in the ULC’s Uniform Foreclosure Statute: How SB 558 Compares
By March 12, 2013 0 Comments Read More →

Foreclosure Facilitation in the ULC’s Uniform Foreclosure Statute: How SB 558 Compares

As previously reported, a committee of the Uniform Law Commission has been working on a uniform act to govern residential foreclosure procedures in both judicial and non-judicial foreclosure states. The uniform act, if approved by the ULC, could be adopted by individual states in whole or in part, creating some measure of uniformity across jurisdictions. […]

Posted in: Features
Bankers’ Bailout Bill SB 804 Arrives in Oregon
By March 7, 2013 7 Comments Read More →

Bankers’ Bailout Bill SB 804 Arrives in Oregon

The Oregon Bankers Association has unleashed the wrath of God on unwary homeowners, taking a chainsaw to the fifty-plus year old Oregon Trust Deed Act to eliminate a host of consumer protections and to tip the scales so far in the banks’ favor that any illusion of balance is wiped away. The chainsaw is SB […]

Posted in: Features