The Oregon Supreme Court heard arguments Tuesday about whether a mortgage-industry database can stand in for lenders on real estate deeds under Oregon law — and in effect trigger out-of-court foreclosures.
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The National Association of Realtors board of directors voted 729-70 on Monday to ban the controversial practice of “pocket listings.”
The House Financial Services Committee postponed a vote on H.R. 2445 on Wednesday, a bill that would fix the so-called QM Patch that’s set to expire in early 2021.