According to Freddie Mac, and many of the larger Private Mortgage Insurers, look for even more stringent rules for certain types of "high risk" transactions in the coming months. Their analysis indicates certain types of loans create the highest levels of delinquency, and are attempting to great...

05/04/2008

CHICAGO ART LOVERS! "The Spindle," Famous Quirky Sculpture in Berwyn IL is Gone!

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Wayne's World, Wayne's World!Remember that silly movie from 1992? If you do, you'll probably remember "The Spindle,"a 40-foot skewer of eight cars. The sculpture was real, and located in the north parking lot of Cermak Plaza, a local strip mall in the Chicago suburb of Berwyn IL.I used the word...

05/03/2008

CHICAGO RECYCLING PROGRAM TO GET A FACELIFT - City to Swap Blue Bags for Blue Carts!

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I've got to be an old Boomer! Here I am writing a Blog Post at nearly 11 o'clock on a Friday night!Chicago fancies itself as a green city. But one program geared to the recycling side of going green seems to have failed, and by the end of this summer, will be replaced.Some 13 years ago, Chicago...

05/02/2008

Lil' Buddy's Blog - Chicago Real Estate Market Leaves Many Humans in a Sour Mood!

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THE CHICAGO IL REAL ESTATE MARKET, AND OTHER THINGS CHICAGO, FROM THE POINT OF VIEW OF A LITTLE WHITE DOG!I'm a little depressed this morning! My favorite baseball team, The Chicago Cubs, blew a game in the ninth yesterday, as our closer, Kerry Wood, experienced a relief pitching implosion. The...

05/02/2008

FOR MANY DELINQUENT HOMEOWNERS, Lender Workout Arrangements Hard to Come By!

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Happy Thursday, Gang!Did you see the Season Finale of Smallville tonight? (Neither did I, but I bet your teenage kids did!)Remember last fall, 2007? The sub-prime crisis still boiling, adjustable loan rates facing reset, and many homeowners staring at loan delinquency, or, worse yet, foreclosur...

05/01/2008