Oregon House passes new foreclosure moratorium
By SARA CLINE
Associated Press/Report for America
PORTLAND, Ore. (AP) A measure that would reinstate and extend Oregon’s moratorium on foreclosures until Sept. 1 during the COVID-19 pandemic on Tuesday passed the state’s House of Representatives.
Unlike the bill that was passed by lawmakers last June, the new legislation would not protect commercial property owners those who own more than five properties or properties with more than four housing units. The moratorium would be retroactive back to Dec. 3 and could be extended until the end of 2021 by the governor.
The latest bill, which passed in the House 38-21, moves to the state Senate.
Oregon House passes new foreclosure moratorium; would extend protections until Sept 1
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Oregon s home foreclosure moratorium could be extended to September
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Oregon House passes new foreclosure moratorium
By SARA CLINEApril 6, 2021 GMT
PORTLAND, Ore. (AP) A measure that would reinstate and extend Oregon’s moratorium on foreclosures until Sept. 1 during the COVID-19 pandemic on Tuesday passed the state’s House of Representatives.
Unlike the bill that was passed by lawmakers last June, the new legislation would not protect commercial property owners those who own more than five properties or properties with more than four housing units. The moratorium would be retroactive back to Dec. 3 and could be extended until the end of 2021 by the governor.
The latest bill, which passed in the House 38-21, moves to the state Senate.