Eddie Lampert, billionarie CEO of the $11.6 Billion hedge fund ESL Investments, has been an active buyer lately. And what are they buying? Home builders Mortgage companies Home Improvement chains They're so positive on Home Improvement that they have a position in Home Depot valued at a whopping $590 Million (about 22.7 million shares). Why would a multi-billion dollar hedge fund be BUYING into Read full article »
Archives for June, 2008
Another Investment Fund Bets On The Real Estate Market’s Upturn
category: Main Content, Real Estate News
tags: Bets, Billion Dollar Companies, Billionarie, Bloodshed, Cheyne Finance, Decline, Eddie Lampert, Esl Investments, Estate Business, Goldman Sachs, Hedge Fund, Home Builders, Home Depot, Home Improvement, Housing Market, Investment Fund, Market Failure, Market Weakness, Mortgage Companies, Upturn
From Nothing To A Real Internet Business In 90 Minutes
UPDATE: Registration for the Instant Internet Domination Webinar is now open here. Next week, I'm going to host a 100% free webinar for the discriminating real estate investor who: Is interested in using the internet to find & flip more deals Wants to add a brand new stream of automatic revenue to their business Made the mistake of purchasing one of those stupid website Read full article »
category: Uncategorized
Update To “Information Marketing For Real Estate Investors” Series
Just a quick notice to let you know that today we've updated the "Information Marketing For Real Estate Investors" series of training. This update includes two new resources: The e-Book publishing tool that's so effective, it can handle not just your e-Book but also viral promotions, list building and 100% security -- all in the same package! A complete e-Book Business Read full article »
category: Uncategorized
The Homeowner’s Rescue Bill – The US Senate Endorses The Abandonment Of Responsibility
Today, the U.S. Senate ran a test vote of legislation that's designed to rescue home owners from foreclosure situations. The Senate voted 83-9 in favor of hurrying the new law that will have as its focus a foreclosure rescue program that provides $300 billion in cheaper mortgages for financially unqualified borrowers. As always, follow the money. Where does the Read full article »
category: Main Content
tags: Abandonment, Amputation, Borrowers, Brainless, Cheap Mortgages, Chris Dodd, Citizen, Constitution, Democrat, Financial Weakness, Foreclosure Situations, Foreclosures, Inferno, Irresponsibility, Legislation, Mortgages, Poor Decision, Senators, Sound Case, Test Vote, Tourniquet, U S Senate, Unqualified Buyers, Us Senate
Real Estate Website POSSESSED! (Or, Automatically Generated Content…)
In my recent series focused on building a Nationwide Real Estate Investing Business, I mentioned that there are some tools available which will enable you to have your website automatically populated with relevant information based on current news and posts on public blogs. This is part of what's required to make your real estate website "sticky" - and it's truly important. The Read full article »
category: Main Content
The Politics of Real Estate
Few industries are as profoundly impacted by the political machinations in Washington as the real estate industry. Whether it's old legislation like Jimmy Carter's Community Reinvestment Act or Barack Obama's massive mortgage bailouts, the U.S. political machine has a huge impact (usually bad) on the business of real estate.
Ideally, we could ignore politics. But here at the Bryan Ellis Real Estate Letter, we insist on seeing the world with clarity - including the reality of Washington's aggressive involvement in every facet of our business, from mortgage lending to real estate sales license; from loan modification regulations to appraisal requirements... every piece of our business is profoundly impacted by politics. So rather than stick our heads in the sand and ignore reality, readers of the Bryan Ellis Real Estate Letter choose to be informed and prepared.
Mortgage Industry News
Few things change more rapidly than the mortgage market, and with the increasing dominance of GSE's Fannie Mae and Freddie Mac over the mortgage business, it's more important than ever to keep up. Here are a few recent mortgage news updates:
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Mortgage News
- HAMP Success Tally Slowly Growing
- Western States Working Through Foreclosure Backlog Quicker than Eastern
- Biggest Down Payments in the Country Found in New Jersey
- President Bypasses Congress, Appoints Director of the Consumer Protection Bureau
- Federal Reserve Recommends Expanding GSEs to Turn Housing Market Around
- Mortgage Rates Likely to Remain Low for a While Longer
- Top Former FDIC, Wells Fargo Execs Say Fannie and Freddie Must Go
- FHA Continues to Extend Anti-Flipping Waiver
- More Homeowners Using Delaying Tactics to Slow Down Foreclosures
- Now that It’s Passed: The True Cost of the Payroll Tax Cut
About Bryan Ellis
Bryan Ellis is an Atlanta-based real estate analyst and publisher of the widely read newsletter "The Bryan Ellis Real Estate Letter". With over 200,000 subscribers - including real estate investors, agents, brokers, appraisers and other real estate professionals - the Bryan Ellis Real Estate Letter is among America's largest sources of unbiased coverage of politics and public policy for the real estate industry.
Bryan Ellis serves as editor in chief for the Bryan Ellis Real Estate Letter and is assisted by an extraordinary staff of writers, researchers and editors who are each real estate experts in their own right and who assure that the news we report is well researched, factual, and highly relevant to today's real estate industry.
Bryan is very happily married and has two wonderful daughters. He makes his home in the suburbs of Atlanta, Georgia. You can contact the team at the Bryan Ellis Real Estate Letter here.