COVID-19 Property Management Update March 23, 2020

Oregon Update Governor Kate Brown issues a 90 day moratorium on residential evictions. Details will be provided as the executive order becomes available. Forbearance for Multi-Family Mortgages The Federal Housing Finance Agency (FHFA) today announced that Fannie Mae and Freddie Mac, the Enterprises will offer mortgage forbearance for multifamily property owners, under the condition that…

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COVID-19 Property Management Update March 19, 2020

State of Oregon On March 8, 2020 Governor Brown declared a state of emergency due to COVID-19 The Oregon Judicial Department issued an order imposing “Level 3” restrictions on all court operations through March 27, 2020 with the possibility of extensions. The order addresses all FED proceedings in the following ways: All first appearances for…

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