Tag archives for Financial Crisis

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 »

Threatened With The Axe, Fannie And Freddie Survive Again

Note:  A special free training event is being held to reveal a LOOPHOLE in the recent Freddie Mac publication that effectively eliminates the A-B-C short sale flip.  Your invitation to this training is at the end of this article. In a vote split 56 to 43, senators decided to keep Fannie Mae and Freddie Mac in their current forms on Tuesday Read full article »

125% LTV Refi Loans Are Back… Say It Aint So!

In another move displaying the utter idiocy of the federal government, Fannie Mae and Freddie Mac are now again authorized to offer 125% LTV refi loans. Can somebody out there tell me why this makes sense?  Short answer:  It doesn't make sense, and this is short-sightedness nearly at it's finest. (The high-water mark for short-sightedness goes to the Obama stimulus program, Read full article »

Disturbing “Thought Trends” In America

I've noticed some trends recently that are related to the real estate market and economy peripherally, but are more about the way Americans are viewing the world they live in. Those trends are:  a Pervasive Sense of Entitlement and the related issue of Childish World-view. The Pervasive Sense of Entitlement to which I refer was evidenced in an article I read yesterday Read full article »

Spreading The Cancer of Subprime Loans

You may recall an article I published a few days ago concerning the strength of credit unions through the financial crisis.  An article I read today brought this issue to my attention again... Apparently, regulators in the federal government are not happy about the success of credit unions, and they aim to throttle the profitability of credit unions by further expanding 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.