Saturday, December 31, 2016

They get you both ways.

A few days ago, Joeh, The Cranky Old Man, was complaining about the trouble he was having with all the regulations and red tape to get a mortgage.

It goes both ways.

This past year, we retired our HELOC (second) mortgage.  They wanted us to reapply in order to keep it, and it wasn't worth all of that, it was easier to pay it off and be done.  (We still have the regular mortgage, and will for a while, unless we suddenly come into some money.  Even then, the order is tithe, save, unsecured debt, then secured debt like a house.  We'd have to come into some kind of a pile of money to get through the first three and still be able to pay off the first mortgage.)

It's not as easy to pay it off as you think, though.  You have to transfer the money into the account from which you will pay it.  That's time and paperwork, because it's in a special retirement account.  (Yes, we decided to use some of the retirement money to get rid of this monkey from our backs.)

Then you pay it off and you think you are done, and they hit you with, "There is an $80 fee to close the mortgage."


Yes, after making all of those payments, paying all of that interest, our "customer owned, customer friendly" credit union wants a fee to close the mortgage.  And a bit more paperwork.  After all, they have to know, for sure, that you really want to pay it off.

Why am i sending you all of this money if i don't want to pay it off?  And you want more money from me?

That's right, regulations and more red tape and paperwork.  And more money.  Ugh.

It's over now, and as much as i want to pay off the first mortgage, i'm kind of glad i'm not facing that yet, i'm not so sure i want to know what kind of hoops they will have me jump through.

Happy New Year, everyone!  May 2017 bring you joy and hope and light and life, and no red tape paperwork.

Today is:

Check Your Smoke Alarms Day

Fairy Eve's Year News -- Fairy Calendar

Feast of Sharaf (Honor) -- Baha'i

International Solidarity Day -- Azerbaijan and Azerbaijanis worldwide

Kwanzaa, Day 6, Kuumba (Creativity)

Leap Second Adjustment Day -- if a second needs to be added or subtracted to coordinate the atomic and astronimical time, it will be done today, by the International Earth Rotation Service of the International Bureau of Weights and Measures at Paris, France

Make Up Your Mind Day/Procrastinator's Day -- you have to make up your mind

National Champagne Day

New Year's Eve -- a selection of related observances
     Allendale Tar Barrel Burning/Baal Fire Festival -- Allendale, England (locals burn out the old year by carrying burning tar barrels on their heads, then use them to light one huge bonfire)
     Feast of Father Time -- because he ultimately overcomes us all
     Festival of Yemaya -- Yoruba/Santeria (celebration of the mother of the sun and moon)
     Fire and Ice New Year's Eve Celebration -- Anchorage, AK (fire jugglers, ice carvers, fireworks, and more)
     First Night -- a non-alcoholic alternative to New Year's Eve
     Fravartigan -- Parsi Zoroastrian (celebration to honor the dead through the night)
     Gamlarskvold -- Icelandic traditions; cows gain human speech, seals take on human form, the dead rise, and Elves move house
                obtain gold from the Elves by sitting at a crossroads and waiting for them to pass
                Housewives greet the Elves by reciting the rhyme of protection
                        Let those who want to, arrive
                        Let those who want to, leave
                        Let those who want to, Stay
                        Without harm to me or mine
                Light a bonfire, and "blow out the year" with fireworks 
     Harvest Day Celebrations -- Benin (celebration of the end of harvest season at the turn of the year)
     Hogmanay Day -- Scotland (Auld Year's Night)
     Japanese Observances (a few, at least)
          Joya no Kane -- Japan (ringing out the old year with temple bells; Buddhists believe humans are born with 108 worldly desires which are removed when the bells are rung 108 times)
          Namahge -- Oga Peninsula, Japan (devil appearing holiday; young men dress as demons and run through the town warning children to behave during the coming year)
          Okera Matsuri -- Yasaka Shrine, Kyoto, Japan (Sacred Fire Rite)
          Omisoka Day -- Japan (the second most important day on the Japanese Calendar; tomorrow is the most important)
     Noche de Pedimento -- Oaxaca, Mexico (Night of the Petition)
     Ritual for Iemanja -- Rio de Janeiro, Brazil (seaside rituals for the goddess of the sea and carnal pleasure, followed by a swinging party in the city and on the beaches overnight)
     Samoan Fire Dance -- Samoa
     Swinging the Fireballs -- Stonehaven, Kincardineshire, Scotland
     Universal Hour of Peace -- begins at 11:30pm your local time, welcome the New Year with peace
     Watch Night -- Christian
     World Peace Meditation Day (International observance of one hour beginning 12:00 PM GMT, focusing thought and energy on peace.)

No Resolution Day / Ditch the Resolutions Day -- if you don't want to, you don't have to!

Restoration Day -- Geneva, Switzerland

Seventh Day of Christmas

St. Sylvester's Day (Patron of Feroleto Antico, Italy; Poggio Catino, Italy) related observances
     Saint Sylvester's Day Celebrations-- Belgium, Germany, France and Switzerland
     Silvesterklause -- Urn‰sch, Switzerland

St. Zoticus of Constantinople's Day (Patron of the poor; often titled Feeder of Orphans)

You're All Done Day -- sponsored by something i haven't been able to pin down online called The Long Haul Committee (and it's more like "all done in" if you are like me!)

Anniversaries Today:

Gregory Peck marries Veronique Passani, 1955
Rocky Marciano marries Barbara Cousins, 1950
Bette Davis marries Arthur Farnsworth, 1940

Birthdays Today:

Joe McIntyre, 1972
Nicholas Sparks, 1965
Val Kilmer, 1959
Bebe Neuwirth, 1958
James Remar, 1953
Donna Summer, 1948
Tim Matheson, 1947
Barbara Carrera, 1945
Diane Halfin von Furstenberg, 1945
John Denver, 1943
Ben Kingsley, 1943
Andy Summers, 1942
Sarah Miles, 1941
Anthony Hopkins, 1937
Odetta, 1930
Simon Wiesenthal, 1908
George C. Marshall, 1880
Henri Matisse, 1869

Debuting/Premiering Today:

The London Eye(World's Largest Ferris Wheel), 1999
"Lost in Yonkers"(Play), 1990
"Pirates of Penzance"(Comic Opera), 1879

Today in History:

80,000 Vandals, Alans and Suebians attack the Rhine at Mainz, crossing into and beginning the invasion of Gallia, 406
Byzantine General Belisarius completes the conquest of Sicily, defeating the Ostrogothic garrison of Syracuse, and ending his consulship for the year, 535
Ch'an monk Ho-tse Shen-hui interred in a stupa built in China, 765
James I of Aragon the Conqueror enters Medina Mayurqa (now known as Palma, Spain) thus consummating the Christian conquest of the island of Majorca, 1229
100,000 Jews expelled from Sicily, 1492
The British East India Company chartered, 1600
The first Huguenots depart France to Cape of Good Hope, 1687
A window tax is imposed in England, causing many shopkeepers to brick up their windows to avoid the tax, 1695
Rhode Island establishes wage & price controls to curb inflation: Limit is 70 cents a day for carpenters, 42 cents for tailors, 1776
Queen Victoria chooses Ottawa as new capital of Canada, 1857
The cornerstone is laid for Honolulu, Hawai'i's Iolani Palace, the only royal palace in the US, 1879
Edison gives 1st public demonstration of his incandescent lamp, 1879
Ellis Island (NYC) opens as a US immigration depot, 1890
Brooklyn's last day as a city, it incorporates into NYC (1/1/1898), 1897
Boers & British army sign peace treaty, 1902
The first New Year's Eve celebration is held in Times Square, then known as Longacre Square, in New York, New York, 1904
For the first time a ball drops at Times Square to signal the new year, 1907
The last San Francisco firehorses are retired, 1921
The chimes of Big Ben are broadcast on radio for the first time by the BBC, 1923
Dr R N Harger's "drunkometer," the first breath test, is introduced in Indiana, 1938
The farthing coin ceases to be legal tender in the United Kingdom, 1960
The Central African Federation officially collapses and splits into Zambia, Malawi and Rhodesia, 1963
The AT&T Bell System is broken up by the United States Government, 1983
All official Soviet Union institutions have ceased operations by this date and the Soviet Union is officially dissolved, 1991
Czechoslovakia is peacefully dissolved in what is dubbed by media as the Velvet Divorce, resulting in the creation of the Czech Republic and Slovakia, 1992
This date is skipped altogether in Kiribati as the Phoenix Islands and Line Islands change time zones, 1994
The European Exchange Rate Mechanism freezes the values of the legacy currencies in the Eurozone, and establishes the value of the euro currency, 1998
The United States Government hands control of the Panama Canal (as well all the adjacent land to the canal known as the Panama Canal Zone) to Panama, 1999
The official opening of Taipei 101, the tallest skyscraper at that time in the world, 2004
Italy's ban of plastic bags goes into effect, 2010
A ship abandoned by human traffickers who deliberately set it on a collision course with the Italian coast is brought to shore safely by the Italian Coast Guard with 900 Syrian refugees on board, 2014


  1. I hope things change in the new year for you & me Mimi.

    Happy New Year for you and your family my friend. See ya.

    Cruisin Paul & Mary Lou

  2. That is horrible.

    I think you should demand they show where it is in writing and you signed off that there is a fee for closing the account. If they can't don't pay.

  3. Congrats on getting that second mortgage paid off, one monkey off the back! It seems like nowadays there's always a catch to things, and it really seems fair necessary. Did they really need that additional $80? Why couldn't they have just added that fee to the original cost of the loan? Oh well, not much we can do but shake our heads and pay up. Wishing you a really good year ahead, filled with blessings and sweet surprises!

  4. Yep, this is just standard operating procedure anymore. Anyway to get a bit more money.

    ° 。 ° ˛˚˛ * _Π_____*。*˚
    ˚ ˛ •˛•˚ */______/~\。˚ ˚ ˛
    ˚ ˛ •˛• ˚| 田田 |門| ˚Happy New Year
    * Joy to all! ♫•*¨* Peace on Earth ♪♫•*¨*

  5. We took out a second on our house to help our son with his purchase of a condo many years ago. He paid us back after he married and moved into his wife's house. We were told by the bank that even though we paid it off we had to keep the loan open for another two years?? We did, but there was no outside fee when we requested that the paperwork be closed and we get a statement that we no longer had the bank line of credit. When they want you to keep it, you know it is for their benefit.

  6. Happy New Year to you and your family. Lets hope 2017 brings us joy, peace and less red tape.

  7. Anything with a bank is a pain. I wish you and your family a happy and healthy 2017!

  8. They have penalties for paying off mortgages early in Britain too. I don't know why. Perhaps it is because they want to continue to have the use of the money for the term they thought in the first place. But it's tough.


Thanks for meandering by and letting me know you were here!