The Oregon Foreclosure Avoidance Program partners with numerous state agencies and not-for-profit companies to provide free and inexpensive resources and assist to Oregonians struggling as an outcome of foreclosure.

Oregon's Foreclosure Avoidance Program lends a structured process for:

- Communicating with the loan provider

- Submitting monetary documentation to the loan provider

- Working with a licensed foreclosure therapist

- Meeting the loan provider practically or personally with a facilitator at a neutral location


This program is offered for these types of property owners:

- Homeowners who have actually gotten a "Notice of Resolution Conference" from their lending institution

- Homeowners who are behind on their loan responsibility

- Homeowners in monetary difficulty and desire to request a resolution conference with their lender


Please note: If you are overdue on your mortgage loan and receive correspondence in the mail with an envelope that looks like the below image and an enclosed letter asking for payment, it is a genuine state-sponsored program.

Free loan adjustment and foreclosure therapy

Please read the materials and reach out to among OHCS' homeownership centers listed below to talk with a qualified foreclosure therapist who can assist you with files and setting up a resolution conference. Pay the fee to Mediation Case Manager (information confined in envelope), and they will appoint you to a therapist.

Low-cost legal representation

If you need legal assistance, the Oregon State Bar supplies totally free details and other resources through Oregon Law Help for veterans and those on low to moderate incomes. The following are a few of the services they supply:

- Oregon State Bar Lawyer Referral Service: The Lawyer Referral Service refers all Oregonians to lawyers who have actually agreed to a $35 preliminary assessment charge. Fees thereafter are as negotiated.

- Modest Means Program: Low- to moderate-income Oregonians may certify for this program offering reduced-rate services.

- Military Assistance Program: Veterans may certify for as much as 2 hours of totally free help through the Military Assistance Panel.


For more details on these services, go to the Oregon Law Help site or call 503-684-3763; toll-free in Oregon at 800-452-7636.

Other foreclosure help resources

- Oregon Foreclosure Avoidance Program

- Oregon Department of Consumer and Business Services Foreclosure Assistance

- Oregon Department of Justice Foreclosure Fraud Information

Frequently asked concerns

What is the Foreclosure Avoidance Program?

In 2012, the Oregon Legislature passed a law needing lending institutions to satisfy with property owners at the start of the nonjudicial foreclosure process. In 2013, the Legislature expanded the program so most property owners will have a chance to satisfy with their lending institutions before any foreclosure starts.

How do I get involved?

There are simply four easy actions to participate: Pay a fee, consult with a housing counselor, submit your documents, and show up. It's truly that easy.

Why should I participate?

If you follow the 4 basic actions, you will get:

- Free guidance and support from a housing counselor.

- The capability to send documents to your lending institution through a safe and secure online portal.

- Information about your loan, consisting of an itemized declaration of what you owe, a payment history, and the name of the entity that owns your loan.

- A conference with a representative of your lending institution who has complete authority to negotiate and devote to a foreclosure avoidance measure.

- A chance to prevent foreclosure before the lender starts that process.


Even if you are unable to save your home, you will be able to speak with your lending institution about deeding the home back, offering the residential or commercial property for less than you owe, or moving out voluntarily in exchange for a little payment to assist you transfer.

Whom can I require more information or assist?

Call Mediation Case Manager (MCM) at 855-658-6733 for assistance at any time. MCM handles the program for the state and can assist you with setting up your online account, scheduling, payments, submitting files, utilizing the online website, and more. Information is likewise offered on the program site at www.ForeclosureMediationOR.org.

Call a housing therapist as soon as possible to start planning for the resolution conference. The housing counselor will recommend you about alternatives to prevent foreclosure, help assemble the finest possible proposal for your lending institution, and prepare you for the conference. If you desire aid negotiating with your lender, a housing counselor will attend the resolution conference with you. There is no charge to you for working with a housing counselor. Please describe the above list of authorized housing therapy companies in Oregon.

What if I can't manage the charge?

If you are low earnings, all however $50 of your charge may be waived. The minimized charge should be paid by the deadline on the notice. Call MCM at 855-658-6733 for assistance and more details.

What occurs if I don't pay the fee on time?

The fee deadline is set by law and can not be changed. If you don't pay your charge on time, MCM will cancel the resolution conference and issue your loan provider a Certificate of Compliance. Your lending institution may foreclose without further hold-up. Call MCM at 855-658-6733 for aid and more info.

What if I do n'tsubmit my files on time?

If you don't submit all of your documents on time, MCM will not cancel the resolution conference. But your loan provider may not give you details about your loan and you will be much less most likely to reach an agreement to prevent foreclosure. You need to meet a housing counselor as quickly as possible for help gathering the right documents for your loan provider and uploading them to the online portal.

What info does my lender have to offer me?

Within 25 days after you submit your files, your lending institution must give you the following information about your loan:

- A copy of the Promissory Note and Deed of Trust

- The name and address of the owner of your loan

- A record of your payment history for the last 12 months, or considering that you were last present on the loan, a declaration of what you owe (made a list of by principal, interest, fees, and other charges) and the quantity you would need to pay to treat the default

- Input and output values of any Net Present Value test utilized to assess your eligibility

- The most recent appraisal or rate viewpoint the lending institution utilized to identify the value of the residential or commercial property.

- The part of any maintenance or other contract that limits adjustment of your loan and a declaration of what effort was made to get the limitation waived

- A description of any additional documents needed to examine your eligibility for a foreclosure avoidance step


What is a resolution conference?

A resolution conference is a casual meeting with your lending institution to work out a foreclosure avoidance procedure. A neutral individual, called a "facilitator," will lead the discussion. The facilitator is trained in mediation and basic foreclosure problems.

What if I am not readily available on the date in the notice?

If you are not readily available on the date MCM sets, you might be able to reschedule the resolution conference if your lending institution concurs or there is "good cause" for moving the date. You need to call MCM as soon as possible to request a new date.

Do I require an attorney to represent me at the resolution conference?

You may bring an attorney, a housing counselor, or both to the resolution conference, but you are not required to do so. If you can not manage a lawyer however would like one, complimentary or low-cost legal support may be readily available. Please see the "Low-cost legal representation" portion of this webpage for more info.

Does my loan provider have to offer me a foreclosure avoidance step at the resolution conference?

No. Oregon law requires your loan provider to send out a representative with complete authority to negotiate and commit to a foreclosure avoidance measure, but your loan provider is not needed to customize your loan if you are not eligible. Your housing counselor can help you figure out which options you may be qualified for so that you can put together the very best possible proposal to your loan provider.

What if I have unique requirements?

Notify MCM as quickly as possible if you need any unique accommodations or a translator at the resolution conference.

How do I know this program isn't a scam?

The Oregon Foreclosure Avoidance Program was produced by law and is managed by the Oregon Department of Justice. Mediation Case Manager is the sole entity selected by the Department of Justice to handle the everyday operations of the program. More information about this program is readily available on the Department of Justice site at www.doj.state.or.us.

Unfortunately, there are lots of fraudsters declaring to use assistance to struggling property owners. If you think you have actually been a victim of a scam or have questions about a specific service, consisting of Mediation Case Manager, call the Department of Justice's Consumer Protection Hotline at 877-877-9392.