The Oregon Foreclosure Avoidance Program partners with numerous state firms and nonprofit companies to offer free and affordable resources and assist to Oregonians having a hard time as a result of foreclosure.

Oregon's Foreclosure Avoidance Program provides a structured procedure for:

- Communicating with the lending institution

- Submitting financial documentation to the lending institution

- Dealing with a licensed foreclosure therapist

- Meeting with the loan provider essentially or in person with a facilitator at a neutral area


This program is available for these kinds of homeowners:

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

- Homeowners who lag on their loan responsibility

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


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

Free loan modification and foreclosure therapy

Please check out the materials and reach out 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 (information confined in envelope), and they will appoint you to a therapist.

Low-cost legal representation

If you need legal help, the Oregon State Bar provides totally free information and other resources through Oregon Law Help for veterans and those on low to moderate earnings. The following are a few of the services they provide:

- Oregon State Bar Lawyer Referral Service: The Lawyer Referral Service refers all Oregonians to attorneys who have consented to a $35 preliminary assessment cost. Fees thereafter are as negotiated.

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

- Military Assistance Program: Veterans may certify for up to 2 hours of free help through the Military Assistance Panel.


To find out more on these services, check out 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 concerns

What is the Foreclosure Avoidance Program?

In 2012, the Oregon Legislature passed a law requiring loan providers to meet homeowners at the start of the nonjudicial foreclosure process. In 2013, the Legislature broadened the program so most homeowners will have a chance to meet their loan providers before any foreclosure starts.

How do I take part?

There are just 4 simple actions to get involved: Pay a cost, satisfy with a housing counselor, send your files, and show up. It's actually that simple.

Why should I take part?

If you follow the four basic steps, you will get:

- Free suggestions and support from a housing therapist.

- The ability to submit files to your lender through a secure online portal.

- Information about your loan, consisting of a detailed statement 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 commit to a foreclosure avoidance step.

- An opportunity to prevent foreclosure before the lending institution starts that procedure.


Even if you are not able to conserve your home, you will be able to talk to your loan provider about deeding the home back, selling the residential or commercial property for less than you owe, or leaving voluntarily in exchange for a little payment to help you move.

Whom can I require more details or help?

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

Call a housing counselor as soon as possible to start preparing for the resolution conference. The housing therapist will encourage you about choices to prevent foreclosure, aid assemble the finest possible proposal for your lending institution, and prepare you for the conference. If you desire assistance negotiating with your loan provider, a housing counselor will go to the resolution conference with you. There is no charge to you for working with a housing counselor. Please refer to the above list of authorized housing therapy companies in Oregon.

What if I can't afford the charge?

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

What happens if I don't pay the cost 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 provide your lending institution a Certificate of Compliance. Your lending institution may foreclose without additional hold-up. Call MCM at 855-658-6733 for assistance and more info.

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

If you do not send all of your files on time, MCM will not cancel the resolution conference. But your lending institution may not offer you information about your loan and you will be much less most likely to reach an arrangement to prevent foreclosure. You need to meet a housing counselor as quickly as possible for aid collecting the ideal documents for your lending institution and publishing them to the online website.

What details does my lender need to provide me?

Within 25 days after you send your files, your lending institution needs to offer 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 considering that you were last existing on the loan, a statement of what you owe (detailed by principal, interest, fees, and other charges) and the amount you would require to pay to treat the default

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

- The most current appraisal or price opinion the loan provider utilized to identify the worth of the residential or commercial property.

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

- A description of any additional documents required to evaluate your eligibility for a foreclosure avoidance procedure


What is a resolution conference?

A resolution conference is a casual 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 offered on the date in the notice?

If you are not offered 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 contact MCM as soon as possible to request a new date.

Do I need a lawyer to represent me at the resolution conference?

You might bring a lawyer, a housing therapist, or both to the resolution conference, but you are not needed to do so. If you can not manage an attorney however would like one, complimentary or low-priced legal help may be readily available. Please see the "Low-cost legal representation" portion of this web page for more details.

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

No. Oregon law requires your lending institution to send a representative with total authority to negotiate and commit to a foreclosure avoidance procedure, but your lending institution is not required to modify your loan if you are not qualified. Your housing therapist can assist you identify which choices you may be eligible for so that you can create the very best possible proposal to your lender.

What if I have special requirements?

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

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

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

Unfortunately, there are numerous fraudsters declaring to offer aid to having a hard time homeowners. If you think you have been a victim of a fraud or have concerns about a particular company, consisting of Mediation Case Manager, call the Department of Justice's Consumer Protection Hotline at 877-877-9392.