Multnomah County has agreed to pay millions to settle a class action lawsuit that accused it and other Oregon counties of keeping money from former owners, heirs or valid lienholders who were entitled to a portion of proceeds from sales on their foreclosed homes.

The lawsuit, filed in 2023, sought to compel Oregon counties to compensate homeowners for the “surplus funds” they were owed after their properties were foreclosed on. Surplus funds include any money remaining after all unpaid taxes, fees and other costs have been covered.

All told, Multnomah County will shell out $3.5 million, which includes all surplus proceeds collected since 2017, plus interest, into a settlement fund to pay former owners and others entitled to those dollars within the county.

This settlement will not ap

See Full Page