According to treasury secretary Timothy Geithner, the slow climb out of the current recession is still largely due to mistakes make in real estate and lending over four years ago. “You had this huge growth in leverage in the financial system and huge overinvestment in real estate in parts of the country…But more relevant for us now, they make the Read full article »
Tag archives for Leverage
Geithner Blames Real Estate and Lending Markets for Lagging Economic Recovery
category: Editorial, Real Estate News
tags: Angles, Chamber Of Commerce, Commerce Conference, Commercial Real Estate, Economic Recovery, Economic Stagnation, Economists, Economy, Facets, Hispanic Chamber Of Commerce, Housing Market, Leverage, Oversupply, Private Investment, Real Estate Boom, Real Estate Market, Recession, Slow Climb, Treasury Secretary
Bulk Residential REO Ready to Go
A recent panel of residential and commercial experts discussing a variety of market-related activities concluded that bulk REO investing is hovering on the verge of something big. The panel, which agreed that members would have expected large-scale REO liquidation prior to this point in time, believed that when loan modifications are exhausted, the current level of active bulk REO investors Read full article »
category: Real Estate News
tags: Bad News, Banks, Commercial Experts, Deluge, Different Ways, Flood, Influx, Investing, Large Scale, Lenders, Leverage, Liquidation, Lookout, Market Outlook, Mini Bulk, Necessary Capital, Panelists, Point In Time, Profitable Strategy, Real Estate Investors, Reo Property, Shadow Market, Taking Steps, Verge, Wholesalers
Bulk REO Trader – The Awful, Dreaded, Horrid, Despicable, Annoying Product Launch – And Why I’m Participating In This One
If there was something that I truly believed in - something that I knew could truly be the "difference" for the success of your real estate business - something that's potent enough to change your fortunes with a single transaction and something that's relevant enough to be the ABSOLUTE BEST OPTION for today's economic environment, wouldn't you be angry if Read full article »
category: Editorial
tags: Absolute, Business Investing, Business Today, Dilemma, Economic Environment, Email, Email List, Estate Business, Expectation, Fortunes, Friend Kenny, Guru, Hate Mail, Hypocrite, Investing Business, Kenny Rushing, Leverage, Liar, Marketers, Opportunity, People, Period Of Time, Product Launch, Product Launches, Promoter, Publicity, Real Estate Training, Regard, Reo, Respect, Send Email, Sending Email, Single Day, Stigma, Subscriber, Subscribers, Success, Uncertain Terms, Webinar
Forensic Loan Audits: A Serious Tool For Loan Modifications
What do you do if you're trying to negotiate a loan modification with your lender and they won't respond even after you've provided everything they've asked for? For most people, the answer is "I lose my home". But there's a resource growing in popularity called a "Forensic Loan Audit" which is designed to find abuses of the lending system by 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.