Foreclosure talks break down in Oregon legislature

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Posted: Tuesday, February 28, 2012 11:10 am

SALEM — Legislation intended to help homeowners facing foreclosure appeared dead Monday as both Republicans and Democrats said negotiations had broken down.

Each party blamed the other for the breakdown. They agreed, however, that they couldn’t reach consensus on the role that financial counselors should play in the foreclosure process and whether borrowers should be able to force their lender into mediation.

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