Yearly Archives: 2010

IDAHO FALLS, - June 16, 2010 - (RealEstateRama) -- During a REALTOR® Appreciation Luncheon on Tuesday, June 15, Idaho Housing and Finance Association (IHFA) will honor 75 Idaho Falls area REALTORS® who helped homebuyers utilize its IdaMortgage Home Loan program. These REALTORS® represented 308 buyers who purchased their homes with IdaMortgage home loans in the last two years—for a collective total of more than $39 million in loan reservations.

BOISE, ID - June 7, 2010 - (RealEstateRama) -- Idaho Housing and Finance Association (IHFA) continues to make homeownership a real possibility for Idahoans with the launch of a new product for creditworthy homebuyers through its IdaMortgage program. The new Affordable Advantage Loan offers a down payment as low as $1,000, and has no mortgage insurance requirement, saving qualified borrowers money on their mortgage payment every month.

BOISE, ID - May 27, 2010 - (RealEstateRama) -- The Housing Company (THC), brought to you by Idaho Housing and Finance Association, recently received a Charles L. Edson Tax Credit Excellence Award for the Whitman in Pocatello. The Affordable Housing Tax Credit Coalition, which celebrates the best in affordable rental housing development, awarded the Whitman an honorable mention in the rural housing category. The project was selected as a winner from among 40 applicants from 22 states for six separate categories

EAGLE, ID - May 25, 2010 - (RealEstateRama) -- It’s a story heard more and more often in these economic times. Responsible homeowners who would never have dreamed that they wouldn’t be able to make their mortgage payments are now receiving foreclosure notices due to the tough economy. Bill Laubner of Eagle, Idaho was one such homeowner. Although he was responsible about his home purchase – putting 25% of his home’s value toward a down payment, reduction of income and the severe devaluation of his home took its toll and made it difficult to maintain his mortgage payments. Although Laubner attempted to work with his lender, he didn’t qualify for their programs

BOISE, ID - May 17, 2010 - (RealEstateRama) -- The Bank of America Charitable Foundation recently contributed $5,000 to the Finally Home!® Homebuyer Education Program administered by Idaho Partners for Homebuyer Education, Inc. (IPHBE, Inc.). Bank of America has contributed nearly $30,000 since the program’s inception in 1999.

Boise, ID - April 8, 2010 - (RealEstateRama) -- The Idaho Department of Finance announced the issuance of a cease and desist order today against California-based “Relief Law Center,” stemming from alleged unlawful mortgage modification solicitations targeted to Idaho homeowners.

BOISE, ID - March 22, 2010 - (RealEstateRama) -- Fair housing can be complex for housing professionals, service providers, and local communities. The Idaho Fair Housing Forum, in partnership with the Idaho Affordable Housing Management Association, will host a conference focusing on rights and responsibilities under the Fair Housing Act. “Fair Housing 2010 – More than a Black and White Issue,” will be held from 8:30 a.m. to 5 p.m. April 19 at the Doubletree Hotel Boise Riverside. Registration is required and begins at 8 a.m. A $10 registration fee includes lunch and conference materials.

BLACKFOOT, ID - March 11, 2010 - (RealEstateRama) -- Owning a home is something her family has dreamed of for some time, and now it’s a reality. With a little help from two programs, Scott and Julie Campfield and their three children now have a home of their own in Blackfoot. “It’s the first time I’ve ever owned a home – it’s amazing,” said Julie. Scott and Julie purchased their home in November after working with Idaho Housing and Finance Association’s (IHFA’s) Family Self-Sufficiency (FSS) and Individual Development Account (IDA) programs.

Boise, ID - February 15, 2010 - (RealEstateRama) -- Based on recently released national fourth-quarter financial performance statistics, Idaho-based financial institutions are not immune from the effects of the recession. Gavin Gee, director of the Idaho Department of Finance, reported that Idaho-headquartered commercial banks have experienced increased amounts of non-current loans and loan charge-offs, an increase in foreclosed real estate properties and, as a group, negative earnings for the year. In his budget presentation to JFAC this morning, Gee said, “Our Idaho financial institutions are caught in an economic upheaval that they did not create, one caused by a culture of risk carried out by large money center institutions, not traditional lenders like those we have in Idaho.

Home Partnership Foundation responds in time of need. BOISE, ID - February 11, 2010 - (RealEstateRama) -- The Home Partnership Foundation, brought to you by Idaho Housing and Finance Association, has awarded 13 emergency response grants in the amount of $69,600 to homeless shelters and service providers across the state. These funds are intended to support the greatest needs of housing service providers statewide including shelter operations and capital improvements, funding for motel vouchers (when shelters are full), as well as homelessness prevention efforts.

BOISE, ID - February 2, 2010 - (RealEstateRama) -- US Bancorp Foundation recently contributed $8,500 to the Finally Home!® Homebuyer Education Program administered by the Idaho Partners for Home Buyer Education, Inc. (IPHBE, Inc.). US Bancorp has contributed on an annual basis since the program’s inception.

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