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Blog » Oregon Financial Policy

Thank you!
Mar 06, 2012

Thank you!

Passing foreclosure reform was a direct result of the work of thousands of dedicated Oregonians. In addition to the well-informed and active citizen advocates across the state, the bill's main sponsors and EFO partner groups that endorsed the legislation...

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Heading to the House
Feb 17, 2012

Heading to the House

Yesterday was a big win for Oregon homeowners – their state Senators chose to heed their calls to address the foreclosure crisis by passing SB 1552 & SB 1564. Now the bills move on to the House, where we know the banking...

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Foreclosure Hearing Headlines
Feb 08, 2012

Foreclosure Hearing Headlines

This week's foreclosure hearings have made headlines across the state. See a round-up of recent stories below, along with excerpts from each article about who is for and against helping homeowners. KATU – “The lenders have allies in the state...

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Foreclosure Reform Gets a Hearing
Feb 06, 2012

Foreclosure Reform Gets a Hearing

EFO's Angela Martin is currently in Salem for the 2012 legislative session. Well it’s been quite the busy first few days of session, but that’s to be expected given that we have only a month to get things done –...

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Ginny's Story
Feb 01, 2012

Ginny's Story

We recently had the opportunity to meet Salem resident Ginny Real at a community foreclosure forum put on by Economic Fairness Oregon. Fighting back tears, Ginny shared the story of how she lost her South Salem home. She and...

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A Fresh Start
Feb 01, 2012

A Fresh Start

By EFO Executive Director Angela Martin As a lobbyist, the first day of the legislative session is akin to the first day of school. There’s the same palpable excitement and anticipation. You remember to have a good breakfast before you head out...

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Legislators Leave, Foreclosure Crisis Remains
Jul 01, 2011

Legislators Leave, Foreclosure Crisis Remains

It’s official – the 2011 legislative session has come to a close. Lawmakers wrapped up their time in Salem Thursday afternoon and headed home, but they left without addressing one of Oregon’s most pressing problems – the ongoing...

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High Stakes Hijacking
May 27, 2011

High Stakes Hijacking

In a move illustrating the worst type of political manipulation, banking lobbyists attempted to slide an amendment validating the mortgage industry’s massive failings into a pro-homeowner bill yesterday. Although the amendment was not adopted, a final decision will be made when the bill...

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Oregon Senate Approves Bill to Help Homeowners
May 25, 2011

Oregon Senate Approves Bill to Help Homeowners

EFO applauds the Oregon Senate for its vote to protect homeowners facing foreclosure by passing SB 827 – legislation that would help thousands of Oregonians stay in their homes. With a final vote of 18 to 12, the bill now goes to the...

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Loans drop, deposits rise
May 06, 2011

Loans drop, deposits rise

From Portland Business Journal - by Matthew Kish and Andy Giegerich Date: Friday, May 6, 2011 A bank loan could have saved Garett Stenson’s duct-tape wallet business. And his house. And his credit rating. Unfortunately, Stenson badly needed a loan in 2008, the same...

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