OREGON HOUSE REPUBLICANS
FOR IMMEDIATE RELEASE
February 14, 2008
CONTACT: Nick Smith
503-986-1351
HOUSE PASSES BILL TO PROTECT OREGONIANS FROM PREDATORY FORECLOSURE SCAMS
HB 3630 is Second Republican Special Session Priority to Pass House
SALEM- House Republicans today announce the passage of House Bill 3630, legislation to
protect Oregonians from predatory foreclosure scams. HB 3630 is the second Republican
priority to be approved by the House of Representatives for the 2008 special session.
"This common sense legislation cracks down on scam artists who prey on homeowners facing
foreclosure," said House Republican Leader Bruce Hanna (R-Roseburg). "Rather than helping
Oregonians, these scam artists obtain deeds from homeowners and immediately move to kick
them out onto the street. HB 3630 prevents this unfair practice."
HB 3630 requires foreclosure consulting contracts to be in writing, and be provided to a
homeowner 24 hours in advance. It prohibits a foreclosure consultant from being the purchaser,
and requires that 82 percent of net proceeds from the sale of the house be given to the
homeowner.
"HB 3630 also ensures that homeowners facing foreclosure receive straightforward information
from their lenders regarding the foreclosure process and directs the homeowner to counseling
and assistance that is available to them," Rep. Hanna said.
Progress of House and Senate Republican Priorities
As of February 14, 2008
Republican Priority Action*
Provide 24-hour Oregon State Police Coverage Republican request pending in Joint Ways and
Means Committee.
Hold State Government Accountable for
Spending and Waste
SJR 41- In Senate Education and General
Government Committee
Secure Oregon Driver's Licenses and ID
Documents
SB 1080- Passed Senate; Passed House; On
Governor's Desk
Protect Oregon Project Independence for
Senior Citizens
Republican request pending in Joint Ways and
Means Committee.
Train Oregon's Teachers for Excellence SB 1097- In Senate Education and General
Government Committee.
Expand Water Resources for Eastern Oregon
Agriculture
SB 1069- In Senate Environment and Natural
Resources Committee.
Reform Oregon's Land Use Laws, Restore the
‘Big Look'
Republican request pending in Joint Ways and
Means Committee.
Protect Oregonians from Predatory Scams HB 3630- Passed House; In Senate.
*Under Speaker Jeff Merkley's session guidelines, no Representative is allowed to individually introduce
legislation.
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