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Keyword: mayorsamadams

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  • Portland Mayor Falls Behind On Mortgages (Democrat Mayor, Oregon)

    06/17/2009 6:17:41 PM PDT · by real_patriotic_american · 13 replies · 747+ views
    KATU ^ | June 17, 2009 | By KATU Staff
    PORTLAND, Ore. - Portland Mayor Sam Adams could lose two homes in north Portland after falling behind on his mortgage payments. The homes in question sit side-by-side on North McClellan Street in the Kenton neighborhood and both are now in pre-foreclosure. KATU obtained a copy of two notices of default against the properties, showing the mayor has not paid a mortgage payment on either home for five months. With late fees, that adds up to over $10,000 in back payments. Adams said Tuesday his financial problems stemmed from the fact that he had to pay up front for legal bills...