The Chicago 77

25 February 2011 – Finally, after weeks of pent up parody lyrics I am again able to unleash upon you, my loyal readers, a musical interlude and tribute the late, great Groucho Marx. Libya (Sung to Lydia, The Tattooed Lady) Ooooooooooooooooooh Libya oh Libya, Oh have you seen Libya Libya a country unraveling She is [...]

18 February 2011 – This week, we finally saw a return to normalcy. For months, mortgage professionals have felt like we had stepped through the lending looking glass into some Carrollesque world driven by completely different laws of nature and physics. We have been scratching our heads, perplexed by the mortgage markets ability to repeatedly [...]

11 February 2011 – I have begun to use a good news/bad news analogy when speaking with my clients about locking, which I feel provides a good characterization of the week that was in mortgage rates. A good number of these clients had loans in process and chose to follow my advice to lock over [...]

4 February 2011 – Well this week I am disappointed. I had a great weekly planned. A parody of Walk Like an Egyptian entitled Riot Like an Egyptian that had all sorts of great connections between the craziness in the Middle East to higher oil prices, a spooked stock market and better mortgage rates, but [...]