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.



Labor day Weekend is here....Now I'm gone!  My wife and I and 4 other couples have a limo to see the unstoppable Tony Bennett at Ravinia.  Should be an awesome way to start the Labor Day Weekend.  Great bar-b-que with the family and friends over the weekend that is scheduled for perfect weather. ...
Looks like there is more info to come...Fannie and Freddie are likely to expand as well.   Dear Lenders One:  BUSH TO ANNOUNCE HOMEOWNER RELIEF STEPSABRUPT REVERSAL SIGNALS GROWING CONCERN ABOUT POLITICAL AND ECONOMIC FALLOUT OF MORTGAGE CRISIS Bush Plan Relies on Modest FHA Changes,· Pressure To...
MEMORANDUM FOR: All Participants in Ginnie Mae Programs FROM: Michael J. Frenz, Executive Vice President SUBJECT: Elimination of VA Loan Limit at Pooling Ginnie Mae is pleased to announce that it is eliminating the restriction on the size of mortgage loans guaranteed by the Department of Veterans...
What's the deal here?  I was on yesterday and clicked on "Blogs".  I counted 18 of the 20 blogs that were on the page were about a property that a realtor had to sell....What's up wtih that.  I'm all about mixing business with pleasure, but please.... do we all have Labor Day on the mind and can'...
Reform is coming, but look at what's just around the corner....As we mentioned on our last call, it appears that FHA will be implementing the program that Clem Ziroli Sr. of First Mortgage in California proposed last March.  Below is the update that we prepared based on the information that we ha...
This bill has passed in Illinois.  This bill is outrageous for the clients, loan officers and has dispirate treatment to consumers.  This bill in essence forces mandatory counseling paid for by lenders for first time homebuyers.  The problem is that it doesn't require Federally Chartered Banks or...
Here are 3 of the e-mails that I got today;1)  Are you looking for we1ght-l0ss med1cations such as Merid1a at a reduced price? Would you like to buy ant1depress4nts like Xan4x or Zol0ft, but don't have a prescr1ption? There is an online ph4rmacy that you need to visit then! I'm talking about US H...
We've been a busy family this year.  My eldest, 8 year old son, was airlifted to a pediatric teaching hospital for a life-saving procedure in February. I march, my little brother, 37 years old and father of 5 was T-boned by an 18 year old who dropped his compac disc on the floor of his pick up tr...
I recently wrote a post and shared my life plan for others.  I received a lot of comments.  I do coach other people nationally in and outside the industry.  Living to dominate! Living Life on purpose.  Humbly I really feel that it's an awesome plan, but I must say that I never would have done tha...
Today, at our loan officer meeting, we had a great visit from Megan Burns.  She is a principal and CEO of Offer Angels.   She is on AR.  I never knew her, spoke with her, or met her until she came to our office today.  She has a program that is free that allows your clients to compare your mortga...

Larry Bettag

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 1 “Let not your heart be troubled; you believe in God, believe also in Me. 2 In My Father’s house are many mansions; if it were not so, I would have told you. I go to prepare a place for you. 3 And if I go and prepare a place for you, I will come again and receive you to Myself; that where I am, there you may be also. 4 And where I go you know, and the way you know.”
(John 14:1-4, New King James Version) I review for BookSneeze

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Larry Bettag

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