Oregonians share in mortgage settlement

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by Associated Press

kgw.com

Posted on November 20, 2012 at 10:32 AM

SALEM, Ore. (AP) — More than 3,100 Oregonians received an average of nearly $64,000 in housing debt relief from five major mortgage servers.

The total amount received between March and September as part of a national settlement was nearly $200 million.

The Statesman Journal reports (http://is.gd/LPyM7J) a majority of the relief came from the forgiveness of first or second mortgage balances to complete short sales.

The figures were in a report released Monday from the Office of Mortgage Settlement Oversight.

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