The mortgage bankers association is predicting that the 4th quarter production will be down by over 40%. A word to the wise...most people deny economists and say .... no this is just a blip.... or no this is just a bad month. Downsize now NOT IN THE MIDDLE of the lowered production. If your pr
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09/24/2007
Great news for packer fans this year. What seemed improbable is now looking like a great miracle for Brett this year....Favre throws another 3 touchdowns as the Packers go 3-0 and beat a strong San Diego Charger team. Most believe, through Favres statements, that if this year is a great year an
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09/24/2007
Just last week I wrote 40,000 Points - - Where's my medal?. I was sooooooo pleased. Actually it's been a lot of fun and a lot of hard work, but there were and are a million benefits. Just tdoay when I was writing....I realized that this is my 100th post. Yeah....gross, where has the time gone
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09/17/2007
Our business is rewarding, profitable and just awesome. But it's taxing and toxic to say the least. How do you maintain your inspiration.... Often times, it sneaks up on you slowly and before you know it you're just doing the job. You know what I mean? Doing the job....not living, I mean LIVI
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09/15/2007
OK....here's the grand finale....Just this year there was a closing at Chicago Title where the sellers were at closing. Husband tells wife, after they get the proceeds check, to hang tight and he'll go get the moving van that had been loaded up and then he'll come by and pick her up for their tr
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09/15/2007
When I first became and attorney and BEFORE I became a lender, someone at Chicato Title told me this incredibly outrageous story. I checked out the story and it was validated, but this is insane. Man and wife come to closing to sell their home at Chicago Title. They go and sell their home. Th
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09/15/2007
Had a closing the other day. The borrower negotiated 2.5 points for a temporary buydown. The seller was to pay that 2.5 points at closing. Illinois is an attorney state. In other words, closings have attorneys representing both sides. I really believe that each state should have attorneys on
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09/14/2007
Check out www.rurdev.usda.gov. The United States Government started a great FHA parallel that allows loans for housing in rural areas. This website shows the exact areas that the rural housing development loans can be permitted. This can be such a great and powerful tool. You'd be surprised a
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09/14/2007
I don't normally share these things with people, but the president and CEO of Cherry Creek Mortgage sent this to me personally. It is shared with by Bill Hart at Building CHampions. Building Champions is a pre-eminent national coaching company. It's probably the gold standard in coaching. I'
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09/14/2007
Wow, the news keeps coming out. Check out the latest news of FHA. I find it difficult to believe that something of this magnitude will get passed, but we can always hope.....I think that there is a lot that needs to occur in order for us to get FHA to insure up to $500,000.U.S. House Financial
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09/14/2007