Idaho Department of Finance to Co-Sponsor A Free Foreclosure Intervention Workshop

Boise, ID – August 14, 2012 – (RealEstateRama) — The public is invited to attend a Free Foreclosure Intervention Workshop scheduled for Wednesday, August 22, 2012 at the Boise Centre, 850 West Front Street, Boise, ID. Housing counselors, lending institutions and other mortgage experts will be available to help guide attendees through options to avoid foreclosure and the foreclosure process.

Gavin Gee, director of the Idaho Department of Finance, believes the workshop will be of great benefit in reaching out to homeowners. “Our goal is to provide assistance and alternatives that will help keep borrowers in their homes and in their communities,” said Gee. “By working together organizations can make an important difference.”

During the workshop participants will be able to meet with housing counselors, possibly meet with their lenders and, while they wait, view videos on such topics as the foreclosure process, refinancing, social services, avoiding foreclosure and mortgage scams, and budgeting.

Although walk-ins are welcome, interested parties are strongly encouraged to register prior to the event to make appointments with housing counselors. In order for the housing counselors to help determine the homeowner’s next best steps, it is crucial that participants bring with them completed copies of the following items:

 Proof of income for the last two months (paystubs, unemployment, social security, disability, child support, other)
 Photo ID
 Social Security Number or ITIN
 Last two years of W-2’s & tax returns
 Disability, child support, other
 Last two bank statements
 Last month’s mortgage statement and/or any notices or letters from lender
 List of monthly expenses
 A completed Budget Form and Financial Information Worksheet

More information on this Workshop, how to register, and to obtain copies of a Budget Form and Financial Information worksheet, as well as obtain other useful resources please visit: http://finance.idaho.gov/foreclosureintervention.aspx.

Sponsoring organizations for this event include: U.S. Department of Housing & Urban Development, City of Nampa, City of Caldwell, City of Meridian, Neighborhood Housing Services, Pocatello Neighborhood Housing Services, Idaho Housing and Finance Association, Idaho Department of Finance, Idaho Bankers Association, Federal Reserve Bank of San Francisco, Bank of America, JP Morgan Chase, Wells Fargo Bank, Idaho Financial Literacy Coalition, Western Idaho Community Action Partnership, and the Idaho Association of Realtors.

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Department of Finance Press Releases and more information regarding this workshop can be found on the Internet at http://finance.idaho.gov and may be obtained by contacting the Department at
(208) 332-8000 or Idaho toll-free at 1-888-346-3378.

Contact:
Anthony Polidori
Supervising Investigator
(208) 332-8084