If your wife or significant other is pregnant, then you might want to leave her at home when you go to speak to the bank about a loan. Mortgage companies are looking askance at expecting couples as a higher risk for default since their income will likely temporarily fall while one or both parents take leave to care for the Read full article »
Tag archives for Mortgage Companies
Pregnancy Could Derail Your Home Loan Application
category: Personal Finance Tips
Beyond Short Sales & Foreclosures – The [Immediate] Future Of Real Estate Investing
UNFORTUNATELY, you missed this excellent training call. We'd like to extend a sincere THANK YOU to the many hundreds of people who joined us for this call. I have asked my special guest from this call to offer an encore presentation, but his schedule can not accommodate it at this time. If this changes, I'll let you know if you're Read full article »
category: Editorial
tags: 33 Years, Candid Interview, Chase, Commercial Deals, Cut To The Chase, Decade, Estate Business, Estate Experience, Excellent Training, Foreclosures, Future Investing, Future Of Real Estate, Immediate Future, Investor, Lunch, Mortgage Companies, New Orleans Real Estate, Publicity, Real Estate Brokerages, Reo, Service Businesses, Subscription Area, Thursday Night, Underwear
Another Investment Fund Bets On The Real Estate Market’s Upturn
Eddie Lampert, billionarie CEO of the $11.6 Billion hedge fund ESL Investments, has been an active buyer lately. And what are they buying? Home builders Mortgage companies Home Improvement chains They're so positive on Home Improvement that they have a position in Home Depot valued at a whopping $590 Million (about 22.7 million shares). Why would a multi-billion dollar hedge fund be BUYING into Read full article »
category: Main Content, Real Estate News
tags: Bets, Billion Dollar Companies, Billionarie, Bloodshed, Cheyne Finance, Decline, Eddie Lampert, Esl Investments, Estate Business, Goldman Sachs, Hedge Fund, Home Builders, Home Depot, Home Improvement, Housing Market, Investment Fund, Market Failure, Market Weakness, Mortgage Companies, Upturn
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.