When a property owner is unable to make the payments on his/her home loan that is secured by a deed of trust, and the payment becomes at least 3 months delinquent, a lender may decide to move forward with a foreclosure.  In the state of Idaho, there are a number of recording and notification steps that either the lender or the trustee under of the deed of trust must take prior to actually holding the trustee’s sale (foreclosure).  It...

A Federal Trade Commission rule, called the Mortgage Assistance Relief Services (MARS) Rule, went into effect in January, 2011, and governs those entities that fall under FTC jurisdiction.  The rule addresses mortgage relief scams that have lured financially distressed homeowners in Idaho and across the nation.  The typical scam falsely claims that, for a fee, the company will obtain a loan modification, will negotiate a short sale,...