Wednesday, March 13, 2013
EUGENE, OR – Gorilla Capital reports that February foreclosures soared in the 24 Oregon counties the company tracks. Filings for court foreclosures (a.k.a. judicial foreclosures) rose from 766 in January to 1,282 or 67% in February. …
Tuesday, February 12, 2013
Eugene, OR – Filings for both court foreclosures (a.k.a. judicial foreclosures) and notice of default (NOD) for notice & sale foreclosures increased significantly over December in the 24 Oregon counties tracked by Gorilla Capital. …
Monday, January 14, 2013
Overall, 2012 Closes With Fewer Foreclosure Filings Than Previous Years
EUGENE, OR – In the 24 Oregon counties tracked by Gorilla Capital, court foreclosures, a.k.a. judicial foreclosures, increased by nearly 30% in December. There were 681 court foreclosures filed during the month as compared to 446 in November, 522 in October and 561 in September. …
Tuesday, November 20, 2012
Judicial Foreclosures Harming Oregon’s Housing Recovery
EUGENE, OR – It has been rough and unforgivable seas as waves of non-judicial and judicial foreclosures crash on the rocky shores of Oregon’s foreclosure housing market. In the 20 Oregon counties served by Gorilla Capital, judicial foreclosures reached 522 in October as compared to 561 in September and 538 in August, and compared to less than 90 a month for the first 3 months of 2012 (which was prior to the passage of SB 1552). Notice of Defaults for non-judicial foreclosures in October were 121, compared to 75 in September and 122 in August, nearly a 90% decrease from the 1,200 per month for the first 3 months of 2012. …
Monday, October 15, 2012
Unexpected Consequences Revealed
EUGENE, OR – Last month’s foreclosure sneaker wave dragged hundreds of Oregon homeowners into judicial foreclosure, forcing them into saturated civil courtrooms, while less punitive non-judicial foreclosures continue to plummet. …
Thursday, September 20, 2012
With the Effective Date of SB-1552, Non-Judicial Foreclosures
Have Come to a Near Standstill as Judicial Foreclosures Jump 10 Fold
EUGENE, Ore. – While the number of foreclosures in Oregon did not change much from July to August, the method of foreclosure filings did take a dramatic new course in rough, unchartered “foreclosure seas.” Officials with Eugene-based Gorilla Capital, say that Oregon’s new foreclosure laws may have stemmed the tide of non-judicial foreclosures, but it will send waves of foreclosed homeowners into a more expensive and swamped civil court system. …
Monday, August 20, 2012
New Oregon Law Causes Increase in Judicial Foreclosures
EUGENE, Ore. – Home foreclosures in July fell by 62 percent from the previous month, say officials with Eugene-based Gorilla Capital. In 19 Oregon counties1 where Gorilla operates, there were a total of 428 notices of default recorded during July 2012 – down from 1,138 in June. A notice of default is the official beginning of the foreclosure process. …
FOR IMMEDIATE RELEASE
Published: Monday, August 27, 2012
EUGENE, Ore. – For the third consecutive year, Gorilla Capital, one of Oregon’s largest purchasers of distressed real estate, has been ranked by Inc. Magazine as one of the 1,000 fastest growing companies in America. The Eugene-based company is ranked at No. 902, which places them as the 20th fastest growing real estate company in America and 7th overall for Oregon headquartered companies. …
Experts at Eugene-based Gorilla Capital see a spike in notices of default with the passage of foreclosure legislation
Note to Editors and Reporters: The following news release contains statewide foreclosure numbers for the Oregon counties where Gorilla Capital operates. News releases with county-specific data are forthcoming. Reporters on deadline may request immediate county-specific figures by calling (541) 344-7867. Gorilla Capital has expanded into four additional Oregon counties, which is reflected in the following release. Please reference statistical explanations preceding company boilerplate. …
Friday, May 11, 2012
Oregon Home Foreclosure Numbers Down in April
Despite the declines, experts at Eugene-based Gorilla Capital foresee a spike on the horizon with the passage of foreclosure legislation
Note to Editors and Reporters: The following news release contains statewide foreclosure numbers for the Oregon counties where Gorilla Capital operates. News releases with county-specific data are forthcoming. Reporters on deadline may request immediate county-specific figures by calling (541) 344-7867. …
