Speechless Sunday - Awesome date with my son!!!! - 05/31/09 10:10 PM
I call him my "Dude."  He's my son and he's my rock star.  He's the 4th of the 5.  I'm still bartering for 6th.  My wife's not in for that....bummer.  I guess I should be happy with what I do have  (I really am, that's why I want more).  There's nothing more enjoyable to me that being a dad to a great kid.  Grant is the Dude.  Thanks for keeping me as your Dad Grant!  Love ya bud!  You're my dude!
… (16 comments)

When A Client Commits Fraud - 05/21/09 07:50 AM
There's a client out there waiting to buck the system.  Wants money, but doesn't want to or have the capability to play by the rules. 
I was notified by a builder yesterday that there's someone out there (they even gave me the name of the person) who is into scamming mortgage companies through fraud.  The person gives false information.  They give a legitimate social security number, but they give fraudulent documents, including W-2's and paystubs and bank statements.  We'll pull the credit, run it through and automated underwriting system (AUS) and approve the loan.  We'll go to closing and get the … (14 comments)

Today's Market Commentary - 05/20/09 08:28 AM
Yesterday, mortgages tightened slightly as continued demand from the Fed and steady purchases from money managers in higher coupons was enough to counter the supply brought to market from originators.  Mortgages tightened (outperformed) versus swaps by 1-2/32nds by 3:00pm.  Originator selling for the day was ~$3.5bln, which is just over the $3.2bln daily average seen this month.  At 5:00pm, the FNCL 4.0 was +2.5/32 at 99-29+ and the FNCI 4.0 was +4.0/32 at 101-12+.  
The economic releases yesterday included the housing starts data for April.  The report showed that new housing starts fell by 13% since March, which is down to an … (1 comments)

Waterboarding & Illegal Torture??? Obama Speaks Again - 05/20/09 08:13 AM
Obama said that he would vigorously defend the Bush administration even though he would draw a line in the sand as to what's excessive torture.  What gets me is that torture is torture.  Torture is not being done for a sport, rather it's being done, at least in the United States, to protect the citizens of the United States.  A top Bush Aide, said that the records are available that show exactly what information we gathered from using our excessive methods of interrogation.
What really rags my goo is that we had 9/11.  We had planes flying into our skyscrapers, killing … (13 comments)

Wordless Wednesdays - Kid Fun - 05/20/09 07:58 AM
This is my bud.  He's got the best disposition...EVER.  He's gregarious, outgoing and doesn't get moody at all...except for when he's ready to pass out from when his EVER READY BATTERIES run out.  He's such a free spirit.  Obviously, he's loving life and will sieze the moments for this summer.  Kudos to my boy!  You da man!
… (9 comments)

Great Disc Golf in Saint Charles Illinois - 05/19/09 11:22 AM
One of my favorite sports is disc golf.  In Saint Charles, we have our very own Disc Golf Course.  I used to play professionally.  I was blessed in having the ability to develop this course with the directors of the Illinois Disc Golf Association.  This course, which is located off of Campton Hills road just west of Randall
Road.  I really can't brag enough about this  course.  The course which is only a 9 hole course has more terrain than any course that I've played in Illinois.  It's a quick course, but with all of the terrain changes.  It's just so … (3 comments)

Why Hasn't Zillow Been Euthanized Yet? - 05/18/09 09:24 AM
I get so irritated with this new HVCC bill.  Basically, it's the bill that says that mortgage production staff can't contact the appraiser to order the appraisal.  The beauty of the "old way" was that the consumer didn't have to order an appraisal, i.e., shell out $350 to kick the tires.  No, in days of yore we could tell the appraiser that the consumer wants to refi.  The consumer believes that the house is worth X dollars.  Mr. Appraiser, do you think that the consumer is being reasonable?  Invariably the appraiser would say, "
yes...that seems about right or no, your … (10 comments)

One Sixth of My Marriage on Active Rain!!!! - 05/17/09 09:51 PM
Today I am celebrating my 12th wedding anneversary.  It's just so awesome!  We were able to sneak away for a night on Friday, but it mostly consisted of going to Maggiano's and going to see a romantic comedy, THE MANAGEMENT with Jennifer Anniston and Steve Zahn.  I know that I'm repeating a recent photo from a Speechless Sunday, but a lot has happened in our 12 years of marriage.  Specifically,
1)  Within 1 year of marriage we took custody of my wife's 1/2 niece, Jessi (top center);
2)  One month later, we have Michelle's dad move in with us after coming … (22 comments)

Speechless Sundays - Mother's Day Blessings - 05/10/09 02:49 PM
Is this really about blessings?  Maybe for Mother's Day mom would be better off having a day off without being a mother.  However, Michelle, in her heart loves being a mom.  I have the best wife in the whole world.  I know this day is about you, but I almost feel guilty having such a great wife.  I really am a blessed man.  Thanks for being such a great wife!
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I don't feel like typing Saturdays. - My 4th, Grant! - 05/09/09 12:02 PM
I am so blessed.  I have the best kid ever.  I'll say that about each of my 5, and my 6th, Jessi (my niece who lives with us).  But each kid has something special about them.  Grant, or "G" as I call him....he's awesome, excited, positive and purposed.  He really falls under my catergory of the best of the best.  Love being his dad and would be crushed without him.  He's really coming into his own.  You're turning into a nice young man, G!  Love ya! 
… (16 comments)

Please Welcome a New Branch in Milwaukee, Wisconsin - 05/07/09 09:14 PM
Really pleased to announce that Joe Banske and his team are joining our team at Cherry Creek Mortgage.  I'm so excited.  Joe and I have built a relationship over the last 2 and 1/2 years while he worked for another majore regional mortgage bank.  Needless to say, he has finally made the switch. 
I really believe that with his team, his expertise and leadership, he will raise up Cherry Creek Mortgage in Wisconsin.  What makes Joe so great is that he is the consummate servant leader.  He pours a lot of effort into his loan officers raising them up to be the … (6 comments)

Wordless Wednesdays - Smoky Mountains - Pics 2 , 3 and 4 - 05/06/09 03:56 PM

Remember that song by Ronny Milsap?  Smoky Mountain Rain....  Needless to say, no rain here other than the Active Rain.  My brother took these pictures and it was so cool.  I love the black and white.  I love the textures.  I really love the fact that the structures are just so darn wierd.  Just so wierd.  Needless to say, I hope you enjoy this as well.

 
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So I contact Obama's Replacement, Roland Burris - 05/05/09 08:22 AM
So, being the politically active person that I am, I decide to let my representatives and Senators know my opinions on certain topics that have serious consequences to everyone within the state of Illinois.  Some topics, obviously, will affect not only me and my family but our children and the generations to come.  Sooooooooooooooooooo......I've written all of our state senators and my local representatives.  Each has received a number of personal comments back to me agreeing or disagreeing with what I've written to them.  I'm sure some comments are actually done by the reps and some by staffers.  I have had some … (12 comments)

Appraisal Process Changing Now - - - Effective May 1, 2009 - 05/04/09 08:25 AM
This is a re-write of a blog that I did a in February...but D-day is here and it's important for the public to know how Fannie and Freddie are changing the way that appraisals are handled.
The Home Valuation Code of Conduct (HVCC) beginning May 1, 2009 on all conventional loans.  Complying with the HVCC is going to be challenging for all parties involved because a vital component of the communication between borrower, realtor, and appraiser has been removed.  Filling that communication gap will certainly prove to be the largest obstacle that we'll need to bridge in this whole process.  As … (5 comments)

Speechless Sunday - Dueling Banjos and the Smoky Mountains - 05/03/09 10:50 PM
… (24 comments)

 
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Larry Bettag Illinois FHA Specialist

Saint Charles, IL

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Larry Bettag - Cherry Creek Mortgage

Address: 40W310 LaFox Road, Saint Charles, IL, 60175

Office Phone: (630) 524-9677

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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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