Or. Admin. Code § 274-020-0385

Current through Register Vol. 63, No. 12, December 1, 2024

Section 274-020-0385 - Modification of Mortgage

(1) A request for modification of a mortgage must be made in writing by the borrower.

(2) The borrower and the Director shall agree in writing to the terms of the modification, and it shall be recorded in the mortgage records in the county where the security is located.

DVA 22, f. 11-15-57, ef. 11-14-57

Stat. Auth.: ORS 406

Stats. Implemented: ORS 407.115 & ORS 407.155