Oregon Homeowners have been released from deceptive 40-year contracts with the Florida-based real estate brokerage MV Realty that prevented them from refinancing their homes and gave MV Realty exclusive rights to list homes for decades.

Oregon Attorney General Dan Rayfield said, “This was an outrageous scheme that took advantage of Oregonians who were just trying to get a little financial breathing room.”

Rayfield confirmed yesterday that a significant settlement had been reached with MV Realty, which paid homeowners just a few hundred dollars in exchange for allowing the company to file liens that blocked families from refinancing, selling, or accessing the equity in their own property.

If MV Realty had enforced its “early termination fees” on all active Oregon agreements, homeowners w

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