The state of Oregon is hoping that the legislature passes a new law that will help to protect those in foreclosure. The current law gives the homeowners very little protection and the new bills on the subject will look to close loopholes.
Senate Bill 827A and 826 are two of the bills looking to help with the problems in the foreclosure industry. Senate Bill 826 will state rules for mortgage services that will be a basic set of rules that customers can expect. Issues with the foreclosure process have been seen all over the country.
Homes being foreclosed upon because the lender lost paperwork or insisted that foreclosure was the best idea when the homeowner could have sold it. Another issues that arose is that lenders failed to accurately calculate the income of a homeowner and modified their loans wrong causing them to lose their homes.
If you or a loved one has been struggling with the mortgage on a home, you need experienced representation on your side to help to discuss all of your options. Contact the foreclosure defense lawyers Florida of Ryan J. Really, Attorney at Law, PLLC, by calling (239) 237-0675.