A group of Oregon banks and banking organizations have come together to challenge the legality of that state's emergency COVD-19 banking regulations. Enacted on June 30, 2020 and in effect until it expired on December 31, Oregon's House Bill (HB) 4204 placed limitations on financial institutions' abilities to enforce mortgage contracts. Specifically, HB 4204 mandated that banks provide forbearance from mortgage payments to individual and commercial borrowers who attested that their inability to pay related to the COVID-19 pandemic. Banks also could not pursue collection or foreclosure actions during this time. Even though these emergency forbearance provisions have now expired, lenders will not be able to collect accumulated overdue sums until their borrowers' loans reach maturity-often years or decades in the future. Borrowers have the power to enforce HB 4204 by filing a lawsuit against any lender who violates these emergency regulations.