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	<title>IllinoisHomeMortgageRates.com</title>
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	<link>http://illinoishomemortgagerates.com</link>
	<description>Mortgage &#38; Real Estate Industry News &#38; Updates From a 25 Year Mortgage Professional</description>
	<lastBuildDate>Wed, 14 Sep 2011 13:50:44 +0000</lastBuildDate>
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		<title>Prism Mortgage: We&#8217;re Moving!</title>
		<link>http://illinoishomemortgagerates.com/prism-mortgage-were-moving/</link>
		<comments>http://illinoishomemortgagerates.com/prism-mortgage-were-moving/#comments</comments>
		<pubDate>Wed, 14 Sep 2011 13:50:44 +0000</pubDate>
		<dc:creator>Chuck Murphy</dc:creator>
				<category><![CDATA[Mortgage News]]></category>
		<category><![CDATA[Personal Topics]]></category>

		<guid isPermaLink="false">http://illinoishomemortgagerates.com/?p=769</guid>
		<description><![CDATA[Beginning Monday, September 19th Prism Mortgage will be moving into our new corporate  offices  and will have new phone numbers 770 Lake Cook Road Suite #260 Deerfield , Il. 60015 Main #  855-774-7600  (855-prism-00) Our current phone number as well as our mail will be forwarded through the end of the year Thanks to all [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Beginning Monday, September 19th </strong><strong><span style="text-decoration: underline;">Prism Mortgage</span></strong><strong> will be moving into our new corporate  offices  and will have new phone numbers</strong></p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<p><strong> 770 Lake Cook Road</strong></p>
<p><strong> Suite #260</strong></p>
<p><strong> Deerfield , Il. 60015</strong></p>
<p><strong> Main #  855-774-7600  (855-prism-00)</strong></p>
<p><strong>Our current phone number as well as our mail will be forwarded through the end of the year</strong></p>
<p><strong>Thanks to all for your support!</strong></p>
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		<item>
		<title>Bailout Recipients Being Sued By Fed?</title>
		<link>http://illinoishomemortgagerates.com/bailout-recipients-being-sued-by-fed/</link>
		<comments>http://illinoishomemortgagerates.com/bailout-recipients-being-sued-by-fed/#comments</comments>
		<pubDate>Tue, 06 Sep 2011 13:05:01 +0000</pubDate>
		<dc:creator>Chuck Murphy</dc:creator>
				<category><![CDATA[Credit News]]></category>
		<category><![CDATA[Mortgage News]]></category>

		<guid isPermaLink="false">http://illinoishomemortgagerates.com/?p=757</guid>
		<description><![CDATA[Talk about getting bit by the hand that feeds you!! What a novel idea! Force a bank to buy two companies to help them survive&#8230; give them billions of dollars to bail them out&#8230; and now, years later, sue them for an amount almost equal to what the bailout was for&#8230; AFTER they have pretty [...]]]></description>
			<content:encoded><![CDATA[<p>Talk about getting bit by the hand that feeds you!!  What a novel idea!  Force a bank to buy two companies to help them survive&#8230; give them billions of dollars to bail them out&#8230; and now, years later, sue them for an amount almost equal to what the bailout was for&#8230; AFTER they have pretty much paid you back!!  It&#8217;s getting really hard to figure out who the &#8220;bad guy&#8221; is in this story.  (Thanks to Frank &#038; Brian of TBWS)</p>
<p><object classid="clsid:D27CDB6E-AE6D-11cf-96B8-444553540000" width="437" height="288" id="viddler"><param name="movie" value="http://www.viddler.com/player/c9458dc1/" /><param name="allowScriptAccess" value="always" /><param name="allowFullScreen" value="true" /><param name="flashvars" value="fake=1"/><embed src="http://www.viddler.com/player/c9458dc1/" width="437" height="288" type="application/x-shockwave-flash" allowScriptAccess="always" allowFullScreen="true" flashvars="fake=1" name="viddler" ></embed></object></p>
<p>Let me know what you think about all of this.</p>
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		<title>Today&#8217;s Lesson:  Youth vs. Experience</title>
		<link>http://illinoishomemortgagerates.com/todays-lesson-youth-vs-experience/</link>
		<comments>http://illinoishomemortgagerates.com/todays-lesson-youth-vs-experience/#comments</comments>
		<pubDate>Mon, 29 Aug 2011 17:15:28 +0000</pubDate>
		<dc:creator>Chuck Murphy</dc:creator>
				<category><![CDATA[Humor]]></category>
		<category><![CDATA[Personal Topics]]></category>

		<guid isPermaLink="false">http://illinoishomemortgagerates.com/?p=749</guid>
		<description><![CDATA[Having been in the mortgage industry for many years (and owning a Jack Russell), the following story made me laugh&#8230; A wealthy old Gentleman decides to go on a hunting safari in Africa , taking his faithful, elderly Jack Russell named Killer, along for the company. One day the old Jack Russell starts chasing rabbits [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Having been in the mortgage industry for many years (and owning a Jack Russell), the following story made me laugh&#8230;</strong></p>
<p>A wealthy old Gentleman decides to go on a hunting safari in Africa , taking his faithful, elderly Jack Russell named Killer, along for the company.</p>
<p>One day the old Jack Russell starts chasing rabbits and before long, discovers that he&#8217;s lost. Wandering about, he notices a leopard heading rapidly in his direction with the intention of having lunch.</p>
<p>The old Jack Russell thinks, &#8220;Oh, oh! I&#8217;m in deep doo-doo now!&#8221; Noticing some bones on the ground close by, he immediately settles down to chew on the bones with his back to the approaching cat Just as the leopard is about to leap, the old Jack Russell exclaims loudly, &#8220;Boy, that was one delicious leopard! I wonder if there are any more around here?&#8221;</p>
<p>Hearing this, the young leopard halts his attack in mid-strike, a look of terror comes over him and he slinks away into the trees. &#8220;Whew!&#8221;, says the leopard, &#8220;That was close! That old Jack Russell nearly had me!&#8221;</p>
<p>Meanwhile, a monkey who had been watching the whole scene from a nearby tree, figures he can put this knowledge to good use and trade it for protection from the leopard. So off he goes, but the old Jack Russell sees him heading after the leopard with great speed, and figures that something must be up.</p>
<p>The monkey soon catches up with the leopard, spills the beans and strikes a deal for himself with the leopard.</p>
<p>The young leopard is furious at being made a fool of and says, &#8220;Here, monkey, hop on my back and see what&#8217;s going to happen to that conniving canine!</p>
<p>Now, the old Jack Russell sees the leopard coming with the monkey on his back and thinks, &#8220;What am I going to do now?&#8221;, but instead of running, the dog sits down with his back to his attackers, pretending he hasn&#8217;t seen them yet, and just when they get close enough to hear, the old Jack Russell says&#8230;</p>
<p>&#8220;Where&#8217;s that damn monkey? I sent him off an hour ago to bring me another leopard!</p>
<p><strong> Moral of this story (especially when choosing a mortgage lender)&#8230;..</strong></p>
<p>Don&#8217;t mess with the old dogs&#8230;age and skill will always overcome youth and treachery!  Creativity and brilliance only come with age and experience.</p>
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		<item>
		<title>Debt Free?  Begin the Journey&#8230;</title>
		<link>http://illinoishomemortgagerates.com/debt-free-begin-the-journey/</link>
		<comments>http://illinoishomemortgagerates.com/debt-free-begin-the-journey/#comments</comments>
		<pubDate>Tue, 28 Dec 2010 15:18:20 +0000</pubDate>
		<dc:creator>Chuck Murphy</dc:creator>
				<category><![CDATA[Credit News]]></category>
		<category><![CDATA[Mortgage News]]></category>
		<category><![CDATA[Personal Topics]]></category>

		<guid isPermaLink="false">http://illinoishomemortgagerates.com/?p=721</guid>
		<description><![CDATA[Those of us in the mortgage world are always focusing on reducing debt, but with Christmas now behind us and a new year soon to come, we should all be focusing on reducing debt.  I ran across this segment on the Today show and thought I&#8217;d share.  I&#8217;ve successfully been able to trim thousands of [...]]]></description>
			<content:encoded><![CDATA[<p>Those of us in the mortgage world are always focusing on reducing debt, but with Christmas now behind us and a new year soon to come, we should all be focusing on reducing debt.  I ran across this segment on the Today show and thought I&#8217;d share.  I&#8217;ve successfully been able to trim thousands of dollars from client&#8217;s monthly cash flow.  If the below video piques your curiosity, don&#8217;t hesitate to contact me.  I&#8217;m more than happy to give you the time.</p>
<p><object id="msnbc367677" classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="420" height="245" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="FlashVars" value="launch=40817914&amp;width=420&amp;height=245" /><param name="allowScriptAccess" value="always" /><param name="allowFullScreen" value="true" /><param name="wmode" value="transparent" /><param name="src" value="http://www.msnbc.msn.com/id/32545640" /><param name="name" value="msnbc367677" /><param name="flashvars" value="launch=40817914&amp;width=420&amp;height=245" /><param name="allowfullscreen" value="true" /><embed id="msnbc367677" type="application/x-shockwave-flash" width="420" height="245" src="http://www.msnbc.msn.com/id/32545640" name="msnbc367677" wmode="transparent" allowfullscreen="true" allowscriptaccess="always" flashvars="launch=40817914&amp;width=420&amp;height=245"></embed></object></p>
<p style="font-size: 11px; font-family: Arial,Helvetica,sans-serif; color: #999999; margin-top: 5px; background: none repeat scroll 0% 0% transparent; text-align: center; width: 420px;">Visit msnbc.com for <a style="text-decoration: none ! important; border-bottom: 1px dotted #999999 ! important; font-weight: normal ! important; height: 13px; color: #5799db ! important;" href="http://www.msnbc.msn.com">breaking news</a>, <a style="text-decoration: none ! important; border-bottom: 1px dotted #999999 ! important; font-weight: normal ! important; height: 13px; color: #5799db ! important;" href="http://www.msnbc.msn.com/id/3032507">world news</a>, and <a style="text-decoration: none ! important; border-bottom: 1px dotted #999999 ! important; font-weight: normal ! important; height: 13px; color: #5799db ! important;" href="http://www.msnbc.msn.com/id/3032072">news about the economy</a></p>
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		<title>Strategic Mortgage Default by MBA???</title>
		<link>http://illinoishomemortgagerates.com/strategic-mortgage-default-by-namb/</link>
		<comments>http://illinoishomemortgagerates.com/strategic-mortgage-default-by-namb/#comments</comments>
		<pubDate>Fri, 08 Oct 2010 21:23:44 +0000</pubDate>
		<dc:creator>Chuck Murphy</dc:creator>
				<category><![CDATA[Economic News]]></category>
		<category><![CDATA[Humor]]></category>
		<category><![CDATA[Mortgage News]]></category>

		<guid isPermaLink="false">http://illinoishomemortgagerates.com/?p=710</guid>
		<description><![CDATA[Is THIS really who represents mortgage banker/broker interests in Washington??? The Daily Show With Jon Stewart Mon &#8211; Thurs 11p / 10c Mortgage Bankers Association Strategic Default www.thedailyshow.com Daily Show Full Episodes Political Humor Rally to Restore Sanity]]></description>
			<content:encoded><![CDATA[<p><strong>Is <em>THIS </em>really who represents mortgage banker/broker interests in Washington???</strong></p>
<table style="font: 11px arial; color: #333333; background-color: #f5f5f5; width: 367px; height: 376px;" cellspacing="0" cellpadding="0">
<tbody>
<tr style="background-color: #e5e5e5;" valign="middle">
<td style="padding: 2px 1px 0px 5px;"><a style="color: #333; text-decoration: none; font-weight: bold;" href="http://www.thedailyshow.com" target="_blank">The Daily Show With Jon Stewart</a></td>
<td style="padding: 2px 5px 0px 5px; text-align: right; font-weight: bold;">Mon &#8211; Thurs 11p / 10c</td>
</tr>
<tr style="height: 14px;" valign="middle">
<td style="padding: 2px 1px 0px 5px;" colspan="2"><a style="color: #333; text-decoration: none; font-weight: bold;" href="http://www.thedailyshow.com/watch/thu-october-7-2010/mortgage-bankers-association-strategic-default" target="_blank">Mortgage Bankers Association Strategic Default</a></td>
</tr>
<tr style="height: 14px; background-color: #353535;" valign="middle">
<td style="padding: 2px 5px 0px; width: 360px; overflow: hidden; text-align: right;" colspan="2"><a style="color: #96deff; text-decoration: none; font-weight: bold;" href="http://www.thedailyshow.com/" target="_blank">www.thedailyshow.com</a></td>
</tr>
<tr valign="middle">
<td style="padding: 0px;" colspan="2"><object style="display: block;" classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="360" height="301" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="bgcolor" value="#000000" /><param name="flashvars" value="autoPlay=false" /><param name="src" value="http://media.mtvnservices.com/mgid:cms:item:comedycentral.com:361442" /><param name="wmode" value="window" /><param name="allowfullscreen" value="true" /><embed style="display: block;" type="application/x-shockwave-flash" width="360" height="301" src="http://media.mtvnservices.com/mgid:cms:item:comedycentral.com:361442" allowfullscreen="true" wmode="window" flashvars="autoPlay=false" bgcolor="#000000"></embed></object></td>
</tr>
<tr style="height: 18px;" valign="middle">
<td style="padding: 0px;" colspan="2">
<table style="margin: 0px; text-align: center; width: 100%; height: 100%;" cellspacing="0" cellpadding="0">
<tbody>
<tr valign="middle">
<td style="padding: 3px; width: 33%;"><a style="font: 10px arial; color: #333; text-decoration: none;" href="http://www.thedailyshow.com/full-episodes/" target="_blank">Daily Show Full Episodes</a></td>
<td style="padding: 3px; width: 33%;"><a style="font: 10px arial; color: #333; text-decoration: none;" href="http://www.indecisionforever.com/" target="_blank">Political Humor</a></td>
<td style="padding: 3px; width: 33%;"><a style="font: 10px arial; color: #333; text-decoration: none;" href="http://www.thedailyshow.com/videos/tag/Rally%20to%20Restore%20Sanity" target="_blank">Rally to Restore Sanity</a></td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
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		<title>Mortgage Update:  5 Common Mistakes That Can Cripple Your Credit Score!</title>
		<link>http://illinoishomemortgagerates.com/mortgage-update-5-common-mistakes-that-can-cripple-your-credit-score/</link>
		<comments>http://illinoishomemortgagerates.com/mortgage-update-5-common-mistakes-that-can-cripple-your-credit-score/#comments</comments>
		<pubDate>Thu, 19 Aug 2010 13:34:45 +0000</pubDate>
		<dc:creator>Chuck Murphy</dc:creator>
				<category><![CDATA[Credit News]]></category>
		<category><![CDATA[Mortgage News]]></category>

		<guid isPermaLink="false">http://illinoishomemortgagerates.com/?p=702</guid>
		<description><![CDATA[From Fox Business&#8230; Many people make some very simple, and well meaning, mistakes that can have major implications on their credit score and, adversely effect their ability to purchase or refinance that home!  Click the link below to get more information on 5 of these mistakes&#8230; FIND 5 COMMON MISTAKES THAT CAN CRIPPLE YOUR CREDIT [...]]]></description>
			<content:encoded><![CDATA[<p><strong>From Fox Business&#8230; Many people make some very simple, and well meaning, mistakes that can have major implications on their credit score and, adversely effect their ability to purchase or refinance that home!  Click the link below to get more information on 5 of these mistakes&#8230;</strong></p>
<p><a href="http://www.foxbusiness.com/personal-finance/2010/08/17/common-mistakes-cripple-credit-score/" target="_blank"><span style="text-decoration: underline;"><strong>FIND 5 COMMON MISTAKES THAT CAN CRIPPLE YOUR CREDIT SCORE</strong></span></a></p>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Mortgage News:  More On The FHA MI Increase&#8230;</title>
		<link>http://illinoishomemortgagerates.com/mortgage-news-more-on-the-fha-mi-increase/</link>
		<comments>http://illinoishomemortgagerates.com/mortgage-news-more-on-the-fha-mi-increase/#comments</comments>
		<pubDate>Fri, 13 Aug 2010 16:12:41 +0000</pubDate>
		<dc:creator>Chuck Murphy</dc:creator>
				<category><![CDATA[Mortgage News]]></category>
		<category><![CDATA[Real Estate News]]></category>

		<guid isPermaLink="false">http://illinoishomemortgagerates.com/?p=696</guid>
		<description><![CDATA[While the FHA mortgage insurance increase has been delayed by a month (October 4th now), the reasons for it have become cloudy! I couldn&#8217;t agree with Frank and Brian&#8217;s take on this more!!! Click the link below to view. When Are Realtors, Loan Officers and Appraisers Going to Get Help?]]></description>
			<content:encoded><![CDATA[<p>While the FHA mortgage insurance increase has been delayed by a month (October 4th now), the reasons for it have become cloudy!</p>
<p><strong>I couldn&#8217;t agree with Frank and Brian&#8217;s take on this more!!!</strong></p>
<p>Click the link below to view.</p>
<p><a href="http://www.thinkbigworksmall.com/mypage/archive/1/52767/" target="_blank"><strong>When Are Realtors, Loan Officers and Appraisers Going to Get Help?</strong></a></p>
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		<item>
		<title>Mortgage Update:  FHA Loan Costs Going Up In September!!</title>
		<link>http://illinoishomemortgagerates.com/mortgage-update-fha-loan-costs-going-up-in-september/</link>
		<comments>http://illinoishomemortgagerates.com/mortgage-update-fha-loan-costs-going-up-in-september/#comments</comments>
		<pubDate>Mon, 09 Aug 2010 17:19:33 +0000</pubDate>
		<dc:creator>Chuck Murphy</dc:creator>
				<category><![CDATA[Mortgage News]]></category>
		<category><![CDATA[Real Estate News]]></category>

		<guid isPermaLink="false">http://illinoishomemortgagerates.com/?p=688</guid>
		<description><![CDATA[Thinking of buying a home?  Thinking of FHA financing?  Thinking of procrastinating a while longer? The cost of mortgage insurance on FHA mortgage loans will be going up on all loans with FHA case numbers ordered on or after September 7, 2010!!  This could mean significant increases in your monthly cash flow for the SAME [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Thinking of buying a home?  Thinking of FHA financing?  Thinking of procrastinating a while longer?</strong></p>
<p><strong>The cost of mortgage insurance on FHA mortgage loans will be going up on all loans with FHA case numbers ordered on or after September 7, 2010!!  This could mean significant increases in your monthly cash flow for the SAME loan you&#8217;d take out today!!</strong></p>
<p><strong>Click on the link below for further details from Frank and Brian, the Think Big Work Small guys.<br />
</strong></p>
<p><em><strong><a href="http://www.thinkbigworksmall.com/mypage/archive/1/52542/" target="_blank">FHA Loan Costs Going Up!</a></strong></em></p>
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		<item>
		<title>Mortgage Update:  New Credit Card Tricks</title>
		<link>http://illinoishomemortgagerates.com/mortgage-update-new-credit-card-tricks/</link>
		<comments>http://illinoishomemortgagerates.com/mortgage-update-new-credit-card-tricks/#comments</comments>
		<pubDate>Tue, 03 Aug 2010 18:06:32 +0000</pubDate>
		<dc:creator>Chuck Murphy</dc:creator>
				<category><![CDATA[Credit News]]></category>
		<category><![CDATA[Mortgage News]]></category>

		<guid isPermaLink="false">http://illinoishomemortgagerates.com/?p=679</guid>
		<description><![CDATA[The mortgage world is constantly changing and it seems almost impossible to catch up at times.  With the dramatic importance of good credit and credit scores, it would make sense to be ever vigilant of the changes in credit cards as well.  The Wall Street Journal did a very good job of summarizing some of [...]]]></description>
			<content:encoded><![CDATA[<p>The mortgage world is constantly changing and it seems almost impossible to catch up at times.  With the dramatic importance of good credit and credit scores, it would make sense to be ever vigilant of the changes in credit cards as well.  The Wall Street Journal did a very good job of summarizing some of the tricks that banks are playing in order to try to recapture some of the lost revenues that recent changes in credit card laws have thrust upon them.</p>
<p>See the story by clicking on the link below&#8230;</p>
<p><a href="http://online.wsj.com/article/SB10001424052748704895004575395823497473064.html?mod=WSJ_newsreel_personalFinance" target="_blank">A Consumer&#8217;s Guide to the Latest Credit Card Traps</a></p>
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		<title>Lessons in the Mortgage Business:  Lesson #5</title>
		<link>http://illinoishomemortgagerates.com/lessons-in-the-mortgage-business-lesson-5/</link>
		<comments>http://illinoishomemortgagerates.com/lessons-in-the-mortgage-business-lesson-5/#comments</comments>
		<pubDate>Tue, 06 Jul 2010 18:40:50 +0000</pubDate>
		<dc:creator>Chuck Murphy</dc:creator>
				<category><![CDATA[Humor]]></category>

		<guid isPermaLink="false">http://illinoishomemortgagerates.com/?p=672</guid>
		<description><![CDATA[Lesson 5 A turkey was chatting with a bull. &#8217;I would love to be able to get to the top of that tree&#8217; sighed the turkey, &#8216;but I haven&#8217;t got the energy.&#8217; &#8217;Well, why don&#8217;t you nibble on some of my droppings?&#8217; replied the bull. They&#8217;re packed with nutrients&#8230;&#8217; The turkey pecked at a lump of dung, [...]]]></description>
			<content:encoded><![CDATA[<p><strong><span style="color: #800080;"><span style="text-decoration: underline;">Lesson 5</span> </span></strong></p>
<p><strong>A turkey was chatting with a bull. &#8217;I would love to be able to get to the top of that tree&#8217; sighed the turkey, &#8216;but I haven&#8217;t got the energy.&#8217; &#8217;Well, why don&#8217;t you nibble on some of my droppings?&#8217; replied the bull. They&#8217;re packed with nutrients&#8230;&#8217; </strong></p>
<p><strong>The turkey pecked at a lump of dung, and found it actually gave him enough strength to reach the lowest branch of the tree. </strong></p>
<p><strong>The next day, after eating some more dung, he reached the second branch. </strong></p>
<p><strong>Finally after a fourth night, the turkey was proudly perched at the top of the tree. </strong></p>
<p><strong>He was promptly spotted by a farmer, who shot him out of the tree. </strong></p>
<p><strong><span style="color: #800080;"><span style="text-decoration: underline;">Moral of the story:</span> </span><em><br />
</em><span style="color: #0000ff;">Bull Shit might get you to the top, but it won&#8217;t keep you there. </span></strong></p>
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