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
2009
FIRST-TIME HOMEBUYER TAX CREDIT As Modified in the American Recovery and Reinvestment Act FEATURE CREDIT AS CREATED JULY 2008 APPLIES TO ALL QUALIFIED PURCHASES ON OR AFTER APRIL 9, 2008 REVISED CREDIT - EFFECTIVE FOR PURCHASES ON OR AFTER JANUARY 1, 2009 AND BEFORE DECEMBER 1, 2009 Amount of ...
02/13/2009
The economy is hurting. People are hurting. Our industry has taken a beating. Most of the rif raf have left our industry. In Wisconsin, the number of licensed mortgage originators (excluding those federally chartered) has plummetted from over 16,000 to just about 600 in less than a year. Peo...
02/13/2009
20
Comments
This is a post that doesn't have a lot of meat in it. I've been a member of Active Rain now for almost two years. Today, I hit my 500th post. That's 250 posts a year or between 5 and 6 per week. I never thought that I'd last this long. Nor did I think that I'd experience the success that I'v...
02/13/2009
3
Comments
Yesterday, mortgages opened another 6 to 8/32 tighter (stronger) to swaps off of overseas and Fed buying. Spreads widened after heavy origination coupled with profit taking at higher dollar prices. The Fed offset that by adding billions to its portfolio throughout the day, and dollar rolls fare...
02/11/2009
I'm the Regional Vice President of Cherry Creek Mortgage. I am so grateful to the fact that I work at such a great company. I have been blessed in the fact that I have signed on about 10+ branches in my short tenure as Vice President. Here's the deal.... 1) First, and what I feel is most imp...
02/09/2009
In Fannie Mae's most recent announcement, the government seems to be giving a little push back from the constricting of the markets. As a result the tightening of the guidelines is now being relaxed somewhat. In Announcement 09-02 Fannie Mae's determined that mortgages to the same borrower to ...
02/09/2009
I'm the Regional Vice President of Cherry Creek Mortgage. I am so grateful to the fact that I work at such a great company. I have been blessed in the fact that I have signed on about 10+ branches in my short tenure as Vice President. Here's the deal.... 1) First, and what I feel is most imp...
02/09/2009
2
Comments
OK...I'm a music freak. I've stated this 1.2 million times it seems. I used to be a DJ at the number one college radio station in America. WONC out of Naperville, Illinois. Check out www.wonc.org. I have over 1,000 CDs and mixed for a lot of parties. But times have changed. I got married. ...
02/08/2009
0
Comments
I'm the Regional Vice President of Cherry Creek Mortgage. I am so grateful to the fact that I work at such a great company. I have been blessed in the fact that I have signed on about 10+ branches in my short tenure as Vice President. Here's the deal.... 1) First, and what I feel is most impo...
02/08/2009
Wow....how cool....or should I say, warm is this? I just got back from doing some serious skiing in Vail. I did the same thing there. My brother took this picture in California. I find that this is warm and friendly and romantic. I just love the fact that you can ski during the day and do ou...
02/08/2009
Rainmaker
897,446
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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