Idaho Business Review IBR

The exceptional gap that opened in the spread between the 10-year Treasury yield and the 30-year fixed-rate mortgage rate in March has now closed to its narrowest since the beginning of the pandemic, as measured by Freddie Mac’s Primary Mortgage ...

When interest rates drop, it is not just homeowners who take advantage of the lower rate to buy better loans. In a similar sort of move, a different kind of refinancing is pursued by corporations that issue bonds. It is not ...

Kelley Groth was recently hired by First Interstate Bank as Small Business Administration government lending manager. In this role, she will be responsible for overseeing the company’s SBA lending program. With more than 15 years working with SBA lending programs, her ...

Mountain West Bank has promoted Amy Ashcraft to assistant vice president and branch manager at its Nampa 12th Ave. office. A 26-year veteran of the banking industry, she joined Mountain West Bank in 2005 as the Nampa 12th Ave. branch ...

As we hope you all know, any time a real estate developer or issuer takes money from a person or entity that will not be an active participate in the efforts to make the endeavor profitable, then that money raised ...

Just eight months after opening a loan processing office in Nampa, Idaho First Bank has upgraded to a full-service branch, and a new (to it) building to boot. “The bank has been so well received by our customers,” said Chris ...

In 2018, after a series of mass shootings, several national banks instituted policies limiting the ability of companies doing business with the banks to participate in the firearms business. Other banks have instituted other limitations on businesses such as oil ...

The pandemic-induced recession has begun to show its teeth for bankruptcy, but not for Idaho. Nationally, bankruptcy cases have continued their unusual pattern of lower Chapter 13 and Chapter 7 filings counterposed with elevated Chapter 11 filings compared to prior ...

A Northwest organization that lends money to help small businesses start, and was a major participant in federal programs to loan money to businesses affected by the COVID-19 economic disruption, has started a new COVID-19 loan program. MoFi, formerly known as ...

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Ken Johnson has been appointed as retail branch manager for the Twin Falls Blue Lakes branch of D.L. Evans Bank. Johnson joins D.L. Evans Bank after serving in the banking industry over ten years, helping open accounts, process loans, and ...