Tag archives for Banking Industry

Sheila Bair Retires, Blames Real Estate for Financial Crisis

In her last statement as chairman of the Federal Deposit Insurance Corporation (FDIC), Sheila Bair emphasized the importance of keeping focus on real estate, crediting not only the financial crisis, but also the slow economic recovery to “the fact that so many residential and commercial properties are currently underwater”. She added that “signs of recovery remain elusive” and that she Read full article »

Goldman Sachs Bet Against the Subprime Mortgage Market, Lied About Profits

Two years into a bi-partisan Senate probe, the Senate panel has determined the Goldman Sachs Group Inc. not only bet billions against the subprime mortgage market but then “clearly mislead their clients and they mislead the Congress,” announced Senator Carl Levin (D-MI) yesterday evening. Levin added that “Goldman was, I think, the only major bank that did well during the Read full article »

Obama Wants Control (Not Recapitalization) Of Banks

Some of you may get tired of my writing about Barack Obama and what his policies will mean for the real estate industry.  Frankly, I get sick of having to write this stuff, because it means bad things are happening.  But you'll want to read this entire post, because it directly effects the funding of every part of our economy Read full article »

Real Estate Market – What WAS and What IS – What Is TO COME

There's another doom and gloom report out about the real estate market today. And just like most of the rest of them, it's based on information that is months old. I'll give you that news now - and then I'll tell you CURRENT news about the reality of what's happening in the real estate world with a particular mega-money financial Read full article »

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.

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.