Tag archives for Home Equity Line Of Credit

Home Equity Lines a Sign of Underwater and Delinquency Danger

According to CoreLogic analysts, borrowers who have home equity lines of credit (HELOCs) on their homes as well as a traditional mortgage are more likely to be underwater than those who have not borrowed against their home. It makes sense: if several years ago you had $50,000 worth of equity and you borrowed part or all of it using a Read full article »

FICO Practices Could be Hurting People that Should be Buying Homes

According to the National Association of Realtors (NAR), FICO is a major reason why they are not selling more homes – and not for the reasons that you might initially think. While there are a lot of people out there with deservedly low FICO scores due to various credit mishaps and delinquencies, says NAR, there are many other solid buyers Read full article »

CANCELLED – Your Home Equity Line Of Credit Just Disappeared

One of my quiet expectations is now coming true, and I expect it will happen more aggressively in the immediate future. What is it? The cancellation of home equity lines of credit by mortgage lenders. One of the first big example is Morgan Stanley, the second largest securities firm in the United States. According to Bloomberg, Morgan Stanley 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.