Tag archives for freddie mac foreclosure

New Measures Designed to Make Foreclosures Less Painful

Fannie Mae and Freddie Mac have received a new set of directives from the Federal Housing Finance Agency (FHFA) concerning their foreclosure process. The FHFA directives are designed to help the government-controlled GSEs manage their foreclosure processes in a timelier, less “painful” fashion. FHFA hopes to establish a “clear and consistent time frame to complete the foreclosure process” as well Read full article »

Government-Controlled GSEs Handing Legal Bills on to Taxpayers

Back in November of 2010 when Randy Neugebauer, a congressional representative from Texas, requested a report from the FHFA on how many taxpayer dollars had been spend on the legal costs for former Fannie Mae and Freddie Mac executives’ defense, the congressman suspected that the results of his inquiry would not be to his liking. However, now that the report 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.