Lending and everything Midwest - Larry's blog

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Mortgage and Lending - Cherry Creek Mortgage Illinois Residential Mortgage License LMB #0005759 Cherry Creek Mortgage NMLS #: 3001 - NMLS ID# 158606
Designed as an open forum that just allows people to talk about anything pertinent. Not politically correct...just facts, fun, advice, expertise and opinions expressed here.

ARCHIVED BLOG POSTS

2008 

On April 14 the bank announced it had lost $350 million or $0.20 per share during the first quarter of 2008. The losses, which were much higher than had been expected, were due primarily, or course, to problems in the mortgage markets.  Then this past Friday Wachovia got hit with a double whammy....
04/29/2008
With times not being what they were a year or so ago, we need to get creative in finding ways to getting people in homes.  While many look for new ways and new programs to make a deal, many miss out on what's always been available to them.  A NON-OCCUPANT CO-BORROWER (NOCB) is just that.  It's a ...
04/29/2008
I'm not a "greenpeace" radical.  I'm not into peace, love and granola.  Every year I go on my family vacation in the Rocky Mountains, I am a hippie for a day or two in Boulder Colorado.  I'm just a Conservative dude minding his own business.  Greenpeace and those groups belong on a ship with all ...
04/25/2008
This morning on the news was more of the usual GLOOM AND DOOM.  The three issues were:1)  Rice - No....not Condaleeza   2)  Gas  Prices3)  Housing Soft Markets  The usual banter goes on about how Rice prices have increased 79% since the first of the year.  There is rationing in the major US groce...
04/24/2008
The Village of Campton Hills.  Oh what a great sounding name.  If only the leaders would have listened to the people.  You see, a name can sound so serene, so peaceful and so pacifying.  But the behind the mask with the face of Cinderella lurks the evil witch set so strongly on her own agenda.Cam...
04/21/2008
Well the 17th petition to disconnect from Campton Hills.  17 petitions have been filed.  Can the implosion of Campton Hills be far behind?  We can only hope.  The other saving grace for Campton Hills dissolution is the upcoming November election.  Perhaps the dissolution will be on the ballot.  O...
04/14/2008
10:45 pm...ready for bed tonight and the doorbell rings.  I'm all ready for bed just watching the final minutes of the evening news.  Then the doorbell.  The police are outside my home.  I open the door and Officer Johnson of the Campton Hills Police Department says that there is an alarm going o...
04/10/2008
Campton Hills Newsletter asks for volunteers to work as a Village Historian to document the history of the village.  Hopefully, there will be the time that it was created and the short and few months that it existed before it was dissolved.  Well most people know that 9 subdivisions have been gra...
04/07/2008
Well, I finally hit it.  I was going to make this a spectacular post and reminisce about how great it is to hit 100,000 points in just under 9 months.  I was going to talk about all of the great friendships as well as some young and growing relations that I've made on AR, Ginger's Marin County Re...
04/03/2008
Judge Michael Colwell mad a great determination last Thursday when he allowed 5 subdivisions to disconnect from THE EGOs of Campton Hills.  According to the Kane County Chronicle..."Five areas encompassing more than 300 acres may disconnect from Campton Hills and reassume their unincorporated sta...
04/01/2008
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