Oregon foreclosure filings jumped 236% in April, from 1,100 to 3,700.
Oregon foreclosure filings jumped 236% in April, from 1,100 to 3,700, according to foreclosure data tracker ForeclosureRadar.com.
The surge in “notices of default” comes from one loan servicer — Bank of America Corp.’s foreclosure arm, ReconTrust Co.
And it follows a jump in cancelled foreclosures filed by ReconTrust in late February and March. Those followed rulings by federal judges halting out-of-court foreclosures in Oregon, saying lenders failed to follow state recording law.
Read more at OregonLive.com.