resolution: Such Cutting Remarks - 01/08/08 03:17 AM
OK, the title is a little misleading.  The cutting remarks I'm referring to aren't the ones that professional wrestlers hurl at one another before grappling on the WWE.  I'm talking about the ones the Federal Reserve (more specifically, the FOMC) are in charge of implementing.  Recently there have been some remarks that seem to indicate a darned-near 100% chance of at least a .25% rate cut, and a 50% shot of a half percent rate cut.  That's great right?  After 3 cuts in the past 3 FED meetings (totaling 1.00%), I've gotta say I'm a little concerned.
Here's why.  Yes, rate cuts are good for our slowing … (5 comments)

resolution: I Give Thee Seven, No, Eight Commandments! - 01/04/08 01:21 AM
OK.  It's January 4th and if we're honest, many of the resolutions we made, both personal and business, have been compromised.  We've snuck some chocolate, slept through our alarm rather than go to the gym, and chewed on our fingernails in a nervous moment.  But take heart!  If you set goals that are measured by the week, there is still hope.  So I present to you, my 8 Commandments for 2008!
I. Thou shalt return phone calls within 2 hours.  We all say we're good communicators, but prove it.
II. Thou shalt return essential e-mails the same day.  What good is e-mail unless … (9 comments)

resolution: Squeeze 10 Lemons - 01/03/08 01:34 AM
 I was talking with one of my loan officers yesterday who was struggling with putting deals together and finding leads.  He was telling me how hard things are and how it seems like lenders are constricting their guidelines.  True.  He mentioned how difficult it is to put loans together.  True.  He talked about the credit issues, lack of down payment, and general shortage of commitment on the part of clients.  True.
And then this popped into my head.  Yes, 2 years ago, you could squeeze one lemon and get a gallon of lemonade in return, but in this challenging market, you've got to … (15 comments)

resolution: Potato Chips, Floss, and Fear of Committment - 01/02/08 12:48 AM
It was New Year's Day 1986 that I decided to give up potato chips.  Don't ask why.  I think I weighed about a buck thirty at the time, so it wasn't about shedding pounds.  I guess it was about discipline.  I figured if I gave up something I really liked, I could learn to do that with other things in my life.  My little brother would torture me by opening a fresh bag in front of me, crunching a few chips loudly, and then telling me how delicious they were, but somehow I made it.  At the stroke of midnight that ushered in 1987, … (9 comments)

Mike Tullio, VP of Mortgage Lending (Guaranteed Rate NMLS# 2611)

Mike Tullio

VP of Mortgage Lending

Sarasota, FL

More about me…

Guaranteed Rate NMLS# 2611

Address: 6371 Business Blvd , Lakewood Ranch, FL, 34240

Office: (941) 907-2677

Mobile: (941) 228-1020

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Relevant ramblings, mortgage morsels, and interesting insights for your brain tastebuds.



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