Oregonian Posts Docs Related to Sunday Story on "Foreclosure Rescue" Lender.

Sunday Oregon had important story HERE about Oregon company, with socially prominent Portland owners, that was offering loans with predatory terms to borrowers in trouble on their mortgages. (Would LOVE to know who the "investors" in this company are).

As adjunct, Oregonian Front Porch Blog has posted supporting documents HERE including court filings.[Great use of the Oregon RE Blog to add value to a print story, IMHO].

From a court filing granting borrower a preliminary injunction HERE:

Plaintiff was not asked to provide tax returns, pay stubs, or complete a credit application at any point during the refinance. There is no record of a real estate appraisal completed at any point to determine the value of plaintiff's home.

Originally created and posted on the Oregon Housing Blog.