Lending and everything Midwest - Larry's blog
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
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Good Evening Sports Fans! Here's a recap of the heavys determining today's market. I picked most of this off of Bloomberg, but a great day for interest rate improvements nonetheless.... •§ DJIA was down 283 points •§ Oil was up $1 to $125.45 •§ With the exception of Radian and Thornburg, the re...
07/24/2008
The House and Senate reached agreement on a massive housing bill that affects FHA, Fannie and Freddie, tax policy and many changes involving the housing market. The housing and mortgage crisis has caused Congress to combine these provisions into a bill exceeding 400 pages. Here are the major comp...
07/24/2008
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I've been here for 1.5 years. I love it. I thought I'd share my few pearls of wisdom that'll help you learn quicker than I learned. This past weekend, I asked an fairly straightforward question that evolved into a sub bloggin post of it's own. Members started to get cross against each other b...
07/22/2008
Wachovia says that July 25th....THEY'RE DONE. They're not done with retail, but they say that they are done with the wholesale. I know that their RETAIL reps have been out looking at other opportunities for a while. I wasn't aware that the WHOLESALE REPS are now out at as well. In fairness, I...
07/21/2008
The Anti-Predatory Lending Database Program.....It's been out for 3 weeks and the verdict is..... What's the latest? It's out there....It's been around since July 1, 2008, but it's really quiet. What is the Anti-Predatory Lending Database Program? This Illinois requires all mortgages in Cook C...
07/18/2008
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Campton Hills has decided to allow the petition for the dissolution of Campton HIlls to be certified. Mind you, these leaders have spent a lot of time and money creating a community that most people now don't want. They incorporated, and have spent a lot of money in legal fees fighting subdivis...
07/18/2008
This past week it got to over 90 degrees in our "locale." Not brutal, but enough that my 5 kids, all 9 and under were feeling the heat. We live out in a country part of a subdivision. It's nothing fancy at all, but at the end of a "dead end" cul de sac there really isn't much traffic for the...
07/18/2008
Looks like the people are speaking. The question becomes...IS THE VILLAGE LISTENING. It only took, what, 250 people to get the referendum on the ballot to create this quagmire, but they needed over 2000, yes two-thousand, signatures to get the ballot to state, 'LET'S KICK OUR NEW VILLAGE TO THE...
07/17/2008
I have a lot of great competitors in my area. My area that I recruit for is Minnesota, Wisconsin and Illinois. Most of my competitors THAT I KNOW are fun, honest and hard working. There are still little rivalries between our companies, but nothing much pointing myself against them or vice vers...
07/16/2008
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My buddy who works with me, worked with me for a number of years when we were all together at Wells Fargo. Wells Fargo, is a company that keeps chugging forward. They morphed from Norwest to Wells and appear to be stronger than ever before. Countrywide blew up. I speak with many of their peop...
07/15/2008
Rainmaker
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897,446
Larry Bettag
Vice-President of National Production
Service Areas
Real Estate Resources
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)
(John 14:1-4, New King James Version)
Larry Bettag
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