Mortgage
State Mortgage Regulators Announce Launch of “NMLS Consumer Access”
January 28, 2010 Posted by Idaho RealEstateRama
January 28, 2010 - (RealEstateRama) — Today the Nationwide Mortgage Licensing System & Registry (NMLS)—a mortgage licensing system operated by state financial regulators, including Idaho—is launching “NMLS Consumer Access.” NMLS Consumer Access is a fully searchable website that allows the public to view information concerning state-licensed mortgage companies, branches, and individuals currently licensed through NMLS
Settlement Gains Refunds for Idaho Mortgage Modification Victims
December 23, 2009 Posted by Idaho RealEstateRama
Boise, ID - December 23, 2009 - (RealEstateRama) — Twelve Idaho homeowners who paid a Meridian man, Paul Clarence Aughtry, IV, for mortgage loan modifications will receive refunds totaling $12,400 as a result of settlement agreements with Attorney General Lawrence Wasden and the Idaho Department of Finance. As a result of the actions, Aughtry is prohibited from engaging in loan modification activities in Idaho.
Minnick supports two credit measures for consumers
December 2, 2009 Posted by Idaho Department of Finance
Washington, D.C. - December 2, 2009 - (RealEstateRama) — In these tough times, Idahoans deserve the chance to buy a home or attend college without having to worry about unfair marks from credit agencies.
Department of Finance Orders Meridian Mortgage Loan Modification Company to Cease Further Business Activities
October 14, 2009 Posted by Idaho Department of Finance
Boise, ID - October 14, 2009 - (RealEstateRama) — The Idaho Department of Finance announced today the issuance of a Cease and Desist Order against Meridian-based International Co-op LLC for engaging in unlicensed mortgage loan modification activities and for illegally charging distressed Idaho homeowners exorbitant upfront fees.
New Idaho Requirements For Mortgage Loan Originators
July 2, 2009 Posted by Idaho RealEstateRama
Governor Otter Approves Law Implementing New Federally Required Standards. Boise, ID - July 2, 2009 - (RealEstateRama) — Department of Finance Director Gavin Gee announced that new federal standards governing the licensing and oversight of mortgage loan originators took effect in Idaho today, July 1, 2009.
Department of Finance Announces Multi-State Settlement Agreement with Taylor Bean & Whitaker Mortgage Corporation
June 24, 2009 Posted by Idaho Department of Finance
Model Agreement Will Bring Relief to Homeowners. Boise, ID - June 24, 2009 - (RealEstateRama) — Gavin Gee, director of the Idaho Department of Finance, announced today a formal settlement agreement with Florida-based Taylor, Bean & Whitaker Mortgage Corporation (TBW) regarding “nontraditional” mortgage loans it made in 2006
Permanent Injunction Entered Against Boise Man For Originating Mortgage Loans Without A License
May 27, 2009 Posted by Idaho Department of Finance
Boise, ID - May 27, 2009 - (RealEstateRama) — An Ada County District Court Judge has entered a permanent injunction against a Boise man for accepting and negotiating residential mortgage loan applications without a license on behalf of Idaho borrowers.
UNLICENSED MORTGAGE LOAN MODIFICATION COMPANY’S FALSE GUARANTEE TO AVOID FORECLOSURE LEAVES DISTRESSED HOMEOWNERS WITHOUT THEIR HOME
April 27, 2009 Posted by Idaho Department of Finance
Boise, ID - April 27, 2009 - (RealEstateRama) — The Idaho Department of Finance has ordered National Foreclosure Relief, Inc. (National Foreclosure), a Nevada corporation, to cease and desist from offering and selling mortgage loan modification services to Idaho residents. The company apparently targets distressed homeowners seeking to avoid foreclosure on their homes.
IHFA selected as finalist in MacArthur Foundation’s ‘Window of Opportunity’ Initiative
August 21, 2008 Posted by IHFA
Funds will support affordable rental housing preservation across Idaho
BOISE, ID - August 21, 2008 - (RealEstateRama) — Housing and Finance Association (IHFA) has been selected as one of 21 companies nationally, and one of only four in the Pacific Northwest, to compete for up to $5 million in new funding from the John D. and Catherine […]
Increased housing concerns statewide create demand for free housing counseling program in Idaho
January 30, 2008 Posted by IHFA
As the rates on many adjustable-rate mortgages continue to increase, many Idaho homeowners may realize they cannot keep up with their rising house payments. This concern is affecting families in Idaho, where foreclosures on subprime and conventional adjustable rate mortgages doubled from September 2006 to September 2007, according to the Mortgage Bankers Association.
