$30 for MBA members | $50 non-members
While it does not appear that we are headed for another housing crisis like occurred after the 2008 crash, with mortgage interest rates at levels not seen since 2007, household incomes being consumed by increased costs due to inflation, and the ongoing affordability issues in Oregon housing, against a backdrop of the expiration of COVID-related homeowner protections, we are likely entering a period of increased defaults and foreclosures. On the commercial side, with vacancies in Portland commercial real estate around 30%, we may also see an increase in commercial foreclosures as well. This seminar, led by Hope Del Carlo of Elemental Law, and Tony Kullen of Farleigh Wada Witt, will provide a primer on the Oregon foreclosure process (both judicial and non-judicial), pre-foreclosure mediation, defensive strategies for borrowers in, or at risk of, default, and foreclosure alternatives, including short sales, loan modifications and deeds in lieu of foreclosure.
For more information: Contact Holly Hayman, Farleigh Wada Witt, at 503.228.6044. For registration questions, contact the MBA at mba@mbabar.org.