Sen. Merkley hears foreclosure complaints

Sen. Merkley hears foreclosure complaints


By:  Kristian Foden-Vencil

Merkley held a foreclosure summit in North Portland, where he invited banks, housing agencies and homeowners to air their concerns.

Homeowners struggling with foreclosure told Oregon Senator Jeff Merkley Wednesday that they’re not getting help when trying to modify their loans.  Kristian Foden-Vencil reports.

One of the main problems mentioned is that the banks where people bought their loans, have sold those loans to someone else.

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