Or. Rev. Stat. § 407.480 – Definitions for ORS 407.480 to 407.490

As used in ORS 407.480 to 407.490:

(1) “Insurance” means any mortgage guarantee or mortgage insurance against financial loss by reason of:
1. (a) Collection activity;
2. (b) Foreclosure; or
3. (c) Foreclosure by the Department of Veterans’ Affairs under ORS 407.135.
(2) “Mortgage” includes a trust deed.

[1989 c.677 §2; 2005 c.625 §46]