State expanding program to aid homeowners facing foreclosure

Oregon Housing and Community Services Department has announced the expansion of the Rebuilding American Homeownership Assistance Pilot Program to help more Oregon homeowners struggling to stay in their homes.

The program is designed to help homeowners with high-interest loans who can’t refinance because they still owe more than their home is worth.

The program has been in operation in Multnomah, Clackamas, and Washington counties since July 2013 and is now expanding to serve all Oregon…

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