Oregon Foreclosure Surplus Class Actions Mostly Filed Too Late

Several Oregon counties escaped takings and excessive fines claims from residents who say their governments improperly retained surplus funds from foreclosure sales of their homes, because their claims were filed late, a federal court said.

Former property owners and heirs to property-tax–delinquent estates alleged “viable” claims that their counties wrongfully withheld amounts above the tax debt owed, Judge Karin J. Immergut of the US District Court for the District of Oregon said in a Dec. 27 opinion. Marion County and Columbia County must face timely claims from eight former owners of foreclosed properties, but the remaining claims are barred ...