(1) For purposes of this section, unless the context otherwise requires: (a) "Fee" means any item of value including, but not limited to, goods or services. (b) "Loan modification activities" is defined in section 26-31-201 (3), Idaho Code. (2) Charging or collecting any fee in connection with mortgage loan modification activities shall constitute a violation of the Idaho consumer protection act, unless the person charging or collecting such fees is licensed pursuant to chapter 20, title 54 , Idaho Code, or licensed, exempt or excluded from licensing pursuant to part 2 or 3, chapter 31, title 26 , Idaho Code.
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