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.

ARCHIVED BLOG POSTS

2007 

First Horizon announced yesterday that it would be laying off 1,500 originators nationally.  Not employees, but originators.  I know that there is a cost to keeping loan originators, especially those who don't produce.  But laying off originators actually is an example of the cost of manufacturin...
09/13/2007
The Hormone Guide Women will understand this and the men should memorize it! Every woman knows that there are days in the month when all a man has to do is open his mouth and he takes his life in his own hands! This is a handy guide that should be as common as a driver's license in the wallet of ...
09/12/2007
Wow...what a ride....I joined in June and in just a few short months, it feels like I've written 1.3 million comments. . . 600,000 blogs and have read about 10,000,000 blogs, comments and posts.  Let me just say this....I've, for the most part, had fun getting there.  Maybe 40,000 is not a great ...
09/12/2007
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  Commercial deals we can do....you need a tough commercial deal done...then call me anytime.  No job too tough...but not every deal can be done.  For quick, honest answers, call me anytime.  We're looking at small multi-family projects as well as large deals.  Stretch yourselves....call any time...
09/12/2007
It's true....its official....we have broken into the top 40 and we're privately held.  We've grown 29% last quarter, when Countrywide, imploded, American Home Shut down, Charter Funding closed it's doors.  Truthfully who cares?  Its awesome to work for a company that invests in their own and real...
09/10/2007
Department of Labor has reported that over 225,000 loan originators have left the business since the implosion of mortgage lending.  This is great for those of us who want to stay and to work in the business.  We need to truly add value to our realtor referral partners if we're going to stay, gro...
09/10/2007
I have a client of mine who is building a $1,700,000 home.  The quote they have for the final home owner's insurance is $1,200 per year.  Seems reasonable, BUT DURING CONSTRUCTION, the construction insurance is $8,000!  Help....any good home owner's insurance agents out there?  This is a direct r...
09/05/2007
Market Activity Update Last week, the market continued to show signs of measured optimism in the loan and securities market for prime jumbo fixed rate paper.  Liquidity continues to firm up in the prime jumbo fixed market and is beginning to emerge in the fixed Alt-A space. An increasing amount o...
09/05/2007
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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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