Foreclosed Oregonians getting $23.6M

15,937 Oregonians who lost their homes to foreclosure will get checks for $1,480 each as part of the National Mortgage Settlement.

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15,937 Oregonians who lost their homes to foreclosure will get checks for $1,480 each as part of the National Mortgage Settlement.

Nationally, more than 960,000 foreclosed homeowners will receive the checks, funded by the largest five home mortgage servicers in the country.

Thanks to a vigorous outreach effort led by Oregon Housing and Community Services and the Oregon Department of Justice, nearly 80 percent of eligible Oregonians – 15,937 out of 19,975 — submitted valid claims and will receive payment.

Read more at The Central Oregonian.

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