What Is A Corporate Deed?

Good Morning,
I am heading out for an appointment tonight. Pulled the reports on the property to find the filing was done with a Corporate deed when purchased on Aug,2001 (In the State of Oregon)

Let me present to whole scenario so I can get going on the right foot.

The property is a preforeclsoure, court date in November, no payments since March 2004.

FMV is $133,935.00
Late Pmts: ($6519.00) (Late charges included)
Current Loan Bal: ($124,581.00)
Attorney Fees: ??

The home is a 2/1
1401 Sq Feet, built in 1915

How would the guru's out here handle this one?
Any help would be greatly appreciated,
Debi

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