As if it is not bad enough that taxpayer money (in the amount of more than $100 million) is being used to defend Fannie Mae executives accused of accounting fraud, taxpayers stand to be on the hook for the damages if those executives are convicted. Investors who are suing government-controlled Fannie Mae for the losses that they sustained due to Read full article »
Tag archives for Fannie Mae And Freddie Mac
Double Jeopardy: Taxpayers Could be on the Hook (Again) if GSE Loses Lawsuits
tags: BEREL, Bryan Ellis, Bryan Ellis Real Estate Letter, carole vansickle, Draft, fannie and freddie, Fannie Mae, Fannie Mae And Freddie Mac, fannie mae conservatorship, fannie mae executives, fannie mae lawsuit, fannie mae legal costs, fannie mae taxpayer, fannie mae taxpayer legal costs, federal conservatorship, Foreclosure, Foreclosures, Freddie Mac, government conservatorship, Gse, gse lawsuit, Gses, mike dewine, ohio ag, ohio attorney general, randy neugebauer, Real Estate, Real Estate Investing, Real Estate Investing News, Real Estate Investor, real estate investor news, Real Estate Investors, real estate investors news, real estate lawsuit, Real Estate News
Multifamily Financing at Risk in Fannie, Freddie Exit
The Fannie Mae-Freddie Mac “escape plan” has been heralded by many politicians as the only answer to the nation’s current housing woes. However, in the process of dismantling the government-controlled GSEs, the U.S. Treasury Department could end up removing one of the market’s most beneficial and successful insurers of multifamily property from the market. Affordable housing advocates like the National Read full article »
tags: BEREL, bryan and carole ellis, Bryan Ellis, bryan ellis carole vansickle, Bryan Ellis Real Estate Letter, carole ellis, carole vansickle, Draft, exit fannie mae, exit freddie mac, Fannie Mae, Fannie Mae And Freddie Mac, fannie mae reform, Foreclosure, foreclosure news, Freddie Mac, freddie mac reform, government controlled gses, GSE reform, Mortgage News, mortgage reform, multifamily housing, multifamily loans, multifamily property, multifamily real estate, national multi housing council, NMHC, obama administration, obama fannie mae, obama freddie mac, Real Estate, real estate education, Real Estate Investing, Real Estate Investing News, real estate investor news, Real Estate Investors, Real Estate News, real estate resources, real estate tips, undo fannie mae, undo freddie mac, Us Treasury, us treasury department
Interest Rates Continue to Fall
Although many real estate experts predicted that interest rates would start to rise at the beginning of 2011, for now, they’re hanging back. According to Freddie Mac’s weekly rate report, a 30-year fixed mortgage from the GSE averaged a rate of 4.71 percent. That is down slightly from last week some experts forecast rates to go lower still by the Read full article »
tags: 15 year fixed mortgage, 15-Year Mortgage Rates, 30 Year Fixed Mortgage, 30 Year Mortgage Rates, Draft, Fannie Mae And Freddie Mac, foreclosure investing, foreclosure news, Freddie mac news, Interest Rates, Mortgage Backed Securities, Mortgage Interest, Mortgage News, Mortgage Rates, Mortgage Refinances, Real Estate, Real Estate Investing, Real Estate Investing News, Real Estate News, Refinancing
Fannie Mae Launches Internet-Based “Foreclosure Prevention Tool”
Federally-controlled Fannie Mae is hoping that by bringing anti-foreclosure resources virtually to homeowners in trouble, more foreclosures can be prevented. The GSE launched a new, interactive website called “WaysHome” designed to educate homeowners on options to prevent foreclosures and help them reach out for help before losing their home becomes unavoidable. Amy Lewis, a foreclosure specialist at the Northwest Michigan Read full article »
tags: Amy Lewis, Community Action agency, Draft, Fannie Mae, Fannie Mae And Freddie Mac, fannie mae website, federal foreclosure assistance, foreclosure aid, foreclosure alternatives, foreclosure assistance, Foreclosure Help, foreclosure news, foreclosure website, Foreclosure-Gate, Freddie Mac, freddie mac website, GSE website, Loan Modifications, northwest michigan community action agency, Real Estate Investing, Real Estate Investing News, Real Estate News, real estate tips, real estate website, wayshome, wayshome website
Political Posturing Through Lobbying: A Webinar With Jeff Watson and John Grant
A little while ago, a heavily promoted webinar wrapped up which featured attorney Jeff Watson and lobbyist John Grant. Because I have a keen interest in politics and public policy as they relate to the real estate business - and because a few of my subscribers asked if I could give them my opinion, I decided to listen in. First, some Read full article »
category: Real Estate News
tags: Estate Business, Fannie Mae, Fannie Mae And Freddie Mac, Freddie Mac, Gse, Information Marketing, Interest In Politics, Investment Community, Jeff Watson, John Grant, Keen Interest, Lobbyist, Marketing Company, Mr Watson, Political Posturing, Politics And Public Policy, Professional Approach, Reactionary, Real Estate Information, Real Estate Investment, Real Estate Investors, Webinar
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.