Tag archives for Barack Obama

Market News: S&P Analyst Says Stock Market Will Indicate Election Outcome

If you want to know whether President Obama will win reelection this year, then watch the stock market, says Standard & Poor (S&P) analyst Sam Stovall. Stovall is citing an “election-prognostication technique” tracked since 1948 in which the performance of the S&P 500 Index between July 31 and October 31 in presidential election years appears to forecast the election results. Read full article »

President Bypasses Congress, Appoints Director of the Consumer Protection Bureau

Last December, the Senate rejected President Obama’s choice for director of the Consumer Financial Protection Bureau (CFPB), Richard Cordray. Not be deterred, however, the president simply waited until Congress was in a recess (although the Senate was actually in a pro forma session, just as when the payroll tax cut was extended) and appointed him anyway,  leading many to protest Read full article »

Market News: “Gold Rush” is On into Online Gambling

Quietly, and just before the Christmas holidays, president Obama’s Justice Department reversed years of legal decisions and authorized states to make the decision about whether or not to allow web-based, non-sports gambling within state borders. As a result of that 13-page memo, what analysts are calling the “online poker gold rush” is likely on, just as it was before the Read full article »

Understanding HARP II: A BEREL Educational Report

This past Monday, president Obama announced that the administration would be easing the eligibility requirements for homeowners who wished to refinance their home loans and take advantage of historically low interest rates to reduce their mortgage payments and, potentially, save their homes from foreclosure. His plan to accomplish this revolves around making crucial changes to an existing refinance plan, the Read full article »

FHFA to Raise GSE Fees

Next year lenders will be paying more if they want government-controlled Fannie Mae or Freddie Mac to guarantee their mortgages. The fee hikes are designed to “ready the market for private-sector reinforcements and wean the nation’s housing sector off of low-cost government support,” says FHFA acting director Edward DeMarco. DeMarco believes that “a series of periodic, gradual price increases makes 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.