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Special Qualifications

ORS 713.300

Any out-of-state bank, extranational institution or foreign association, without being authorized to transact banking business or savings and loan business in this state, may take, acquire, hold and enforce notes secured by mortgages or trust deeds and make commitments to purchase such notes.

The out-of-state bank, extranational institution or foreign association may foreclose the mortgages or trust deeds in the courts of this state, acquire the mortgaged property, hold, own and operate the property for a period not exceeding five years and dispose of the property.


List of companies authorized in Oregon

B of I Federal Bank
4350 La Jolla Village Dr., Ste. 140
San Diego, CA 92122
Effective: 10/25/13

Banc of California
18500 Von Karman Ave., Ste. 1100
Irvine, CA 92612
Effective: 05/21/14

Evolve Bank and Trust
6070 Poplar Avenue, Suite 200
Memphis, TN 38119
Effective: 04/15/14

First Bank
600 James S. McDonnel Blvd.
Hazelwood, MO 63042
Effective: 04/18/05

Fremont Bank
39150 Fremont Blvd., 3rd Flr.
Fremont, CA 94538
Effective: 07/25/03

Pacific Enterprise Bank
17748 Skypark Circle, Ste. 100
Irvine, CA 92614
Effective: 10/15/12

PNC Bank, National Association
249 Fifth Ave., 21st Fl.
Pittsburgh, PA 15222-2707
Effective: 06/8/11

T Bank, N.A.
16000 Dallas Parkway, Ste. 125
Dallas, TX 75248
Effective: 11/15/12