An international consortium of investors has spent about 37 cents on the dollar to purchase a stake in a huge pool of non-performing loans seized from AmTrust Bank nearly 8 months ago when that institution shut down. According to the FDIC, the overwhelming majority – nearly 96% -- of the loans in the package are delinquent, and the consortium of Read full article »
Tag archives for Assets
“Opportunists” Purchase $898 Million Pool of Non-Performing Loans
category: Editorial
Auto Insurance Fraud Threatens Real Estate Investors?
Kiplinger Business Resource Center recently featured an article concerning auto insurance fraud and its correlation to economic downturns. I immediately saw a frightening correlation to legal problems for real estate investors, and I'd like to bring it to your attention. As it was used in the Kiplinger article, "Auto Insurance Fraud" refers to the act of purposely staging traffic accidents in Read full article »
category: Uncategorized
tags: Assets, Auto Fraud, Auto Insurance Fraud, Business Resource Center, Car Wreck, Correlation, Economic Downturn, Economic Downturns, Frivolous Litigation, Insurance, Insurance Coverage, Intention, Judgment, New Investor, Nutcase, Perpetrator, Real Estate Investors, Realestate, Small Steps, Traffic Accidents
Self-Directed and Real Estate IRA Custodians/Article 3 of 7
Seven-Part Article Series on Self-Directed & Real Estate IRA Investing: This list is a great beginning to help you find the right self-directed IRA custodian for your assets. Be sure to read below our list of potential questions to ask these self-directed custodians as you perform your due diligence process.
category: Uncategorized
tags: Article Series, Assets, Due Diligence Process, Ira Custodians, Real Estate Ira, Real Ira, Self Directed Ira, Self Directed Ira Custodian
- Comments Off
- Email to friend
- Blog it
- Stay updated
Going Over Your Lender’s Head
I've heard an increasing number of reports about lenders who positively refuse to speak with their borrowers about loan modifications and/or impending foreclosures. I suspect a primary reason for this is that many lenders are waiting to see how the Bailout Bill will play out, and whether they'll be able to sell their toxic assets to the government without adjusting the Read full article »
category: Real Estate News
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:
-
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.