Short-sale fraud increases
Short sales have more than tripled since 2008, which is leading to an increase in short-sale fraud that hurts lenders.
Oregon Business Team
Umpqua resumes dairy production after salmonella outbreak
Umpqua Dairy resumes milk production after being re-certified following a salmonella outbreak.
Icahn raises Mentor Graphics stake to almost 15%
Investor Carl Icahn raises his stake in Mentor Graphics to almost 15%, the level that would trigger the company’s poison pill shareholder rights plan.
Affordable housing developer shuts down
One of the largest builders of affordable single-family homes in Oregon, HOST Development, shuts down due to the economy.
Jobs return to Portland Harbor
The Greenbrier Companies, headquartered in Lake Oswego with a strong presence in Portland Harbor, has received $130 million worth of new railcar orders and will increase its workforce by 260 at its Gunderson railcar manufacturing facility in Northwest Portland. The company has received over 1,700 new orders and 1,200 refurbishment orders from five companies in North America.
Dept. of Energy promoted firm run by Kitzhaber’s girlfriend
State criminal investigators are looking into a Department of Energy push to hire a firm run by Kitzhaber’s girlfriend.
Warrenton sawmill to reopen in late spring
The Warrenton sawmill, closed since December, is set to reopen in late spring.
Ford launches EV tour in PDX
Ford announces a partnership with Portland General Electric Co. on its launch of a 14-city electric vehicle tour.
Central Oregon unemployment rises
Unemployment rates in all three Central Oregon counties increased in July.
Eugene company offers 30 properties to pay off debts
Real estate company Arlie & Co. intends to liquidate 30 properties worth at least $57.5 million to pay for its reorganization plan.