While the main focus on financial reform has been on how the new rules and regulations will impact Wall Street and “Main Street” when it comes to how investors, bankers and borrowers work together, tucked into “Wall Street Reform” is a $1 billion “emergency homeowner’s relief fund” that can be distributed starting October 1 of this year. An additional $1 Read full article »
Tag archives for Focus
Financial Reform Legislation Includes Mortgage Aid for the Unemployed
category: Real Estate News
New Tax on Real Estate Investors Helps Pay for Healthcare: Will Your Real Estate Investing be Impacted?
Now that the administration’s healthcare bill has passed, things are kicking into gear. The Republicans are amping up their campaigns on reversal and repeal; the Democrats are working on setting the thing in stone, and homesellers are getting ready to “do their part,” (like it or not) by making a little less money on the sale of their properties. While there Read full article »
category: Editorial
Real Estate Market Action: The Deafening Silence
Have you noticed that there's been far less news about the real estate market of late? I certainly have. The silence is deafening. There have been the normal reports that come out on a weekly and monthly basis, but very little other commentary about the impending doom and utter despair in the real estate market. Instead, the dominant news has been about Read full article »
category: Main Content, Real Estate News
Real Estate Looks Up – Despite The Blindness Of The Skeptics
It's astounding to think that people are able to see nothing but bad news when looking at the recent housing data. For example, over at the Big Picture, the focus seems to be on the news about the decline of nearly 16% in housing values over the past year. That's a legitimate concern, but let's remember a few things: 7 of the 20 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:
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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.