Legal Question in Real Estate Law in Oregon

If you "sign off of the title" on your house, leaving only the lender on the title, then the lender owns the house. You are signing away your ownership rights. You are not relieved of any responsibilities. Unless there is some contract that states that you do not owe the lender money if you transfer title of the house to the lender, then you still owe the money on the house.

Could the lender still foreclose? No, because the lender would already own the house. There would be no need to foreclose. In effect, the foreclosure would already have been done.