2010 Montana Housing Partnership Post-Conference Recap, Presentation Links and Photo Gallery If you missed the conference or just want copies of presentations for your reference visit the Housing Conference page for links to presentations.
SAVE & SUCCEED with an Individual Development Account (IDA)
The IDA program is a 4:1 match savings account. You, as a participant, save up to $1,000 and receive a match of $4,000. This gives you a total of $5,000 for down payment and closing cost assistance towards the purchase of your first home.
The purpose of the program is two-fold: To help you establish savings and budgeting habits in preparation for homeownership, and to establish a relationship with a lending institution. Learn more . . .
Over the past 10 years,
NeighborWorks Montana partners have...
Spotlighted
NeighborWorks
Montana Partner
Loan Modification Success Story
May 1, 2010
Kathy Kinzey
Housing Counselor, Community Action Partnership
Dear Kathy,
It seems our long struggle with Bank of America has ended, successfully for us! After a four-month "battle" with the bank, we (my wife Patricia and I) have finally received from them the $700 refund we were due) money they had said at first we hadn't paid them, and then admitted they had "lost" in their accounting).
Further, we were able to refinance our mortgage (through another source), a move that lowered our monthly payments by some $400.
As you know, about two years ago, due to rising costs in gasoline, heating, fuel, and just about everything else, our cost of living increased dramatically. Being on a fixed (social security) income, meeting our financial obligations (including our mortgage payment) became extremely difficult - if not impossible. Despite the government's plan to assist people in our position through their mortgage modification plan, Bank of America, while telling us we qualified for that plan, stalled for over a year in granting us a modification. I believe one could find very few if any persons who would disagree that our treatment by the bank of America through this entire process was appalling. Despite being customers of theirs in good standing, and despite the fact the Bank of America was "bailed out" when given billions of taxpayers dollars, we were lied to, and treated like second-class citizens. You also helped us to cope with the bank through all of this.
Kathy, THANK YOU for your assistance. You played a huge role in bringing this entire matter to a successful conclusion. You stuck with us. Your upbeat and positive attitude and persistence was appreciated. Together, we got it done!
We hope that you will pass this letter along to other organizations, so they will know that the work you and assumingly your coworkers, are doing, is very meaningful to we citizens of western Montana. It certainly was to us!
NeighborWorks Montana