Foreclosures on steep decline

Actions by lenders to take back homes hit a six-year low in November; Lane County sees decline from 2012

By Alex Veiga

The Associated Press

Published: 12:00 a.m., Dec 12

LOS ANGELES — While foreclosures remain a concern in select states, the number of U.S. homes entering the path to foreclosure or winding up repossessed by lenders has fallen to levels not see in more than six years. …

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2 bills, plus jobs, will get ‘zombie homes’ on the market

By John Helmick

Published: April 27. 2013 4:00AM PST

Today’s foreclosures are a consequence of a problem created several years ago. Without a time machine to go back and solve the initial problem (whether it stem from the bank or the borrower), we are left to deal with the consequence. Considering this, it is difficult to expect the Legislature to easily change today’s foreclosure atmosphere. Despite this hurdle, the Legislature is working on passing some good legislation in an attempt to better the current foreclosure processes in Oregon. …

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