Jeff Sorg

<span class="lt-line-clamp__raw-line">Jeff Sorg is a co-founder of OnlineEd®, an online real estate, mortgage broker, and vocational school founded in 1997, where he also serves as Chief Executive Officer, and School Director. Sorg holds vocational and post-secondary school instructor licenses in several states and has authored numerous real estate continuing education and pre-licensing courses and has been awarded the International Distance Education Certification Center's CDEi Designation for distance education. Memberships include ARELLO (Association of Real Estate License Law Officials), the National Association of REALTORS®, Oregon Association of REALTORS®, and Portland Metro Association of REALTORS®. Awards and service include REALTOR® Emeritus in the National Association, Life Member award in Portland Metro Association and Chairperson of the Oregon Real Estate Forms Committee.</span> OnlineEd® provides real estate, mortgage broker, insurance, and contractor pre-license, post-license, continuing education, career enhancement, and professional development and designation courses over the Internet.

CFPB Warns Loan Servicers to Prepare for Wave of Mortgage Foreclosures This Fall

By Jeff Sorg, OnlineEd Blog (April 1, 2021) “There is a tidal wave of distressed homeowners who will need help from their mortgage servicers in the coming months.” WASHINGTON, D.C. –The Consumer Financial Protection Bureau (CFPB) today warned mortgage servicers to take all necessary steps now to prevent a wave of avoidable foreclosures this fall. Millions of

Centers for Disease Control and Prevention Announces Extension of Moratorium on Residential Evictions

The CFPB and FTC are working with CDC to make renters aware of their rights By Jeff Sorg, OnlineEd Blog (March 30, 2021)   WASHINGTON, D.C. – The COVID-19 pandemic has created a financial crisis that threatens the ability of millions to stay in their homes. Renters and homeowners experiencing pandemic-related unemployment or wage reduction are struggling to

Categories: Mortgage, Real Estate

Over 11 Million Families at Risk of Losing Housing

Federal foreclosure moratorium slated to end June 30, 2021 By Jeff Sorg, OnlineEd Blog (March 1, 2021) CFPB, WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) issued a report that warns of widespread evictions and foreclosures once federal, state, and local pandemic protections come to an end, absent additional public and private action. Over

Oregon Excludes Certain Facts as Material Facts to Real Property Transactions

Oregon Excludes Certain Facts From Disclosure as Material Facts to Real Property Transactions By Jeff Sorg, OnlineEd Blog (February 10, 2021) – In Oregon, unless one of the limited legal exclusions applies, each seller of residential property is required to deliver to each buyer who makes a written offer a Seller’s Property Disclosure Statement. A seller who is not excluded

Eviction and Foreclosure Moratoriums on Federally-backed Single-family Mortgages Extended Through March 31, 2021

HUD has implemented President Biden’s requests to immediately extend eviction and foreclosure moratoriums By Jeff Sorg, OnlineEd Blog (January 25, 2021) US Dept. of HUD – Acting U.S. Housing and Urban Development (HUD) Secretary Matthew E. Ammon today announced that the Department has implemented President Biden’s requests to immediately extend eviction and foreclosure moratoriums on federally-backed single-family

New 2021 Rules for Advertising by Oregon Real Estate Licensee

The Oregon Real Estate Agency has adopted new rules for advertising, effective January 1, 2021 By Jeff Sorg, OnlineEd Blog (January 6, 2020)  OnlineEd – The Oregon Real Estate Agency has updated advertising rules for real estate licensees. Highlights of these new rules for brokers and principal brokers, which became effective January 1, 2021, are listed

Categories: Real Estate

Exceptions to Oregon Property Manager Licensing

Oregon does have a few exceptions to property manager licensing By Jeff Sorg, OnlineEd Blog (December 9, 2020)  OnlineEd – Property management of rental real estate under Oregon law also means representing a tenant or prospective tenant when renting or leasing real estate and includes, but is not limited to: consulting with tenants or prospective tenants about

Categories: Real Estate

FTC Sues to Block CoStar Group, Inc.’s Proposed Acquisition of RentPath Holdings, Inc.

The acquisition could increase the concentration of internet listing services advertising for large apartment complexes By Jeff Sorg, OnlineEd Blog (December 4, 2020)  OnlineEd – The Federal Trade Commission has filed an administrative complaint (a public version of which will be available and linked to this news release as soon as possible), and authorized a suit in federal

Monthly New Residential Sales for November 2020

Sales of new single-family houses rise above last October By Jeff Sorg, OnlineEd Blog (December 1, 2020) (Washington, DC ) – The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced on November 25, 2020, the following new residential sales statistics for October 2020: New Home Sales Sales of new single-family houses in