The Oregon Foreclosure Avoidance Program partners with lots of state companies and not-for-profit companies to offer free and low-priced resources and assist to Oregonians having a hard time as a result of foreclosure.

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

- Communicating with the lending institution

- Submitting monetary documents to the lending institution

- Working with a qualified foreclosure counselor

- Meeting with the lending institution virtually or personally with a facilitator at a neutral area


This program is available for these kinds of house owners:

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

- Homeowners who are behind on their loan obligation

- Homeowners in monetary challenge and wish to request a resolution conference with their lending institution


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

Free loan adjustment and foreclosure counseling

Please read the materials and connect to among OHCS' homeownership centers listed below to speak to a qualified foreclosure therapist who can help you with files and setting up a resolution conference. Pay the charge to Mediation Case Manager (details confined in envelope), and they will appoint you to a therapist.

Low-cost legal representation

If you require legal aid, the Oregon State Bar supplies totally free info 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 agreed to a $35 preliminary consultation charge. Fees afterwards are as worked out.

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

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


For additional information on these services, visit the Oregon Law Help website 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 questions

What is the Foreclosure Avoidance Program?

In 2012, the Oregon Legislature passed a law needing lenders to satisfy with homeowners at the start of the nonjudicial foreclosure process. In 2013, the Legislature broadened the program so most house owners will have an opportunity to consult with their loan providers before any foreclosure starts.

How do I take part?

There are just 4 easy steps to get involved: Pay a fee, consult with a housing counselor, submit your files, and appear. It's really that easy.

Why should I get involved?

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

- Free advice and support from a housing counselor.

- The capability to submit files to your lending institution through a safe online portal.

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

- A meeting with an agent of your lending institution who has complete authority to work out and devote to a foreclosure avoidance measure.

- A possibility to prevent foreclosure before the lender starts that procedure.


Even if you are unable to save your home, you will be able to speak to your lender about deeding the home back, offering the residential or commercial property for less than you owe, or vacating willingly in exchange for a small payment to help you move.

Whom can I call for more information or help?

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

Call a housing counselor as quickly as possible to start preparing for the resolution conference. The housing counselor will encourage you about choices to prevent foreclosure, help put together the very best possible proposal for your lending institution, and prepare you for the conference. If you want help working out with your lending institution, a housing counselor will attend the resolution conference with you. There is no cost to you for dealing with a housing therapist. Please refer to the above list of authorized housing therapy agencies in Oregon.

What if I can't manage the fee?

If you are low income, all however $50 of your cost might be waived. The decreased cost should be paid by the deadline on the notification. Call MCM at 855-658-6733 for help and more details.

What happens if I do not pay the fee on time?

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

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

If you do not submit all of your documents on time, MCM will not cancel the resolution conference. But your lending institution might not offer you information about your loan and you will be much less likely to reach a contract to avoid foreclosure. You need to consult with a housing counselor as quickly as possible for help gathering the right files for your loan provider and publishing them to the online website.

What details does my lending institution need to provide me?

Within 25 days after you submit your documents, your lender must give you the following info 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 given that you were last existing on the loan, a statement of what you owe (detailed by principal, interest, costs, and other charges) and the amount you would need to pay to cure the default

- Input and output worths of any Net Present Value test used to evaluate your eligibility

- The most current appraisal or rate opinion the lending institution used to identify the value of the residential or commercial property.

- The portion of any servicing or other arrangement that limits adjustment of your loan and a statement of what effort was made to get the constraint waived

- A description of any extra documents required to assess your eligibility for a foreclosure avoidance step


What is a resolution conference?

A resolution conference is an informal meeting with your lender to work out a foreclosure avoidance step. A neutral person, called a "facilitator," will lead the conversation. The facilitator is trained in mediation and fundamental foreclosure problems.

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

If you are not available on the date MCM sets, you may have the ability to reschedule the resolution conference if your lender concurs or there is "great cause" for moving the date. You need to get in touch with MCM as soon as possible to ask for a new date.

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

You may bring an attorney, a housing therapist, or both to the resolution conference, but you are not needed to do so. If you can not manage an attorney but would like one, free or inexpensive legal help might be available. Please see the "Low-cost legal representation" part of this webpage to find out more.

Does my lending institution have to provide me a foreclosure avoidance measure at the resolution conference?

No. Oregon law needs your lending institution to send an agent with total authority to negotiate and devote to a foreclosure avoidance step, however your lender is not required to customize your loan if you are not eligible. Your housing counselor can help you identify which options you may be qualified for so that you can assemble the very best possible proposal to your loan provider.

What if I have special requirements?

Notify MCM as quickly as possible if you require any special lodgings or a translator at the resolution conference.

How do I understand this program isn't a rip-off?

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

Unfortunately, there are numerous scammers claiming to offer help to struggling property owners. If you believe you have actually been a victim of a rip-off or have concerns about a particular organization, consisting of Mediation Case Manager, call the Department of Justice's Consumer Protection Hotline at 877-877-9392.