Rick Kellow's (dad4_2) Blog

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Mortgage and Lending - Cherry Creek Mortgage

ARCHIVED BLOG POSTS

2010 

"Well, ya see, it's like this.  A heard of buffalo can only move as fast as the slowest buffalo.  And when the herd is hunted, it is the slowest and weakest buffalo at the back who are killed first.  This natural selection is good for the heard as a whole, because the general speed and h...
04/29/2010
The official announcement sent to brokers today that Universal Mortgage Corp. of Mequon, WI has ceased wholesale production effective immediately. During 2008, the company averaged over $124 million per month in volume across both its retail and wholesale channels. Their primary web site indicate...
04/28/2010
Yesterday, the U.S. House of Representatives passed the Rural Housing Preservation and Stabilization Act of 2010 (H.R. 5017).  Through this legislation, the guarantee fee in the USDA Guaranteed Rural Housing (GRH) Program may be raised to offset any need for Congressional appropriations.  Additio...
04/28/2010
These days, record-breaking foreclosure statistics are coming out with numbing frequency. But what happens to the thousands of families after their personal financial disaster is added to the mounting national count? Unfortunately, once a foreclosure is final, the financial and emotional upheaval...
04/23/2010
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Rick Kellow

FHA & Reverse Mortgage Expert
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