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

2008 

This is my first Wordless Wednesday post.  No "wordlessness" here.  I am a mountain freak so get used to a lot of mountain pictures.  I live for God....and I also live for the outdoors.  Here's a cool mountain picture that I got in Canada.  Love it.  Live it and love it!  I love climbing.  I'll ...
11/26/2008
The Fed is making it clear that they think Mortgage Rates to consumers are too high relative to Treasures. The last time we had rates (Treasuries & MBS) this low was back in 2003-2004, when the 10Yr Treasury bottomed out (in Yield) at 3.11 on 6/13/03, and the Fannie Mae 30y 30 day commitment (FNC...
11/25/2008
OK....I've been MeMe'd for the 4th time.  This will be the last time I participate THIS WEEK in this.  Most recently, I got MEME'd by one of the greatest people I've met on the Rain.  Ms. Elizabeth Nieves.  Raleigh - Durham NC Real Estate Specialist>>Elizabeth Nieves' Perspective on NC Real Estat...
11/25/2008
Literally, in the last 24 hours I've been Meme'd by 3 people   First is the most honorable James Wexler from Scottsdale....James Wexler's Blog - Scottsdale | Phoenix ; Second I got caught by an east coast, partner in crime....Sir Jeffrey Belonger, Mortgage Knowledge at its BEST!!!! (Jeff Belonger...
11/25/2008
The economy sucks.  I get it.  Everyone gets it.  No one really understands how to get out of this situation.  There are a myriad of theories on what we need to do to save the economy.  What can you do to save our nation?  No one really knows. If you're going to be in the business, you're going t...
11/21/2008
As the Campton dust settles and the businesses try to stay open and the people worry about the economy and Wall Street seems more like Dirt Street, I have been fielding other dissapating comments at to this who Campton issue.  Frankly, I hate it. I've always hated it.  No one can tell me that mor...
11/19/2008
Is there no topic on Active Rain that is Taboo?  I spent a better part of last night searching every conceivable topic is covered under Active Rain.  yOU name the topic and you'll find it.  Crack, Panties, Ant-Christ, and Margaritas.  What do they have to do with real estate and real estate blogg...
11/18/2008
My mom has a little posse of friends.  The three of them did so much together so often.  But there was one friend who was always late at their luncheons, meetings, church stuff or whatever.  ALWAYS.  Mom finally set an noon appointment and when her friend didn't show, she waited 15 minutes and le...
11/18/2008
Freddie Mac is doing all it can to make sure that FHA is the lender for 2009. While FHA in 2008 has had an act similar to a top tier Rocky movie, Fannie and Freddie seem to be fading like Apollo Creed. Freddie is now getting rid of Accept Plus Findings. That's huge. It's basically elimating state...
11/14/2008
My Father and Grandfather each had heart attacks.  They were both MDs.  My dad still is even at the ripe old age of 71.  Grandpa Bettag had a heart attact at 55 and dad at 50.  The X factor is that each of them smoked.  As a result, we don't know if it's hereditary or nature.  Irrepectively, my f...
11/12/2008
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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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