Tag archives for National Debt

TARP Money for Homeowners Likely to Go Toward National Debt Instead

Around $30 billion allocated in the Troubled Asset Relief Program (TARP) to help struggling homeowners will likely be paid on the national debt instead, reports ProPublica, a self-proclaimed “independent, non-profit newsroom” dedicated to “exploring the abuses of power and betrayals of the public trust by government, business and other institutions”. The report indicates that while about $2 billion of that Read full article »

What the U.S. Credit Downgrade Could Mean For Real Estate

When Standard and Poor lowered the U.S. government’s credit rating for the first time even last Friday to AA+ from AAA, the agency said that the reasoning behind the move was not that the U.S. was unable to pay its debt but that Washington appeared unable to establish whether or not the country would pay its national debt. S&P blamed Read full article »

Looming Real Estate Debt Represents Huge Opportunity for Money Managers

Over the next three years, $1.5 trillion worth of real estate debt will need to be refinanced. Money management firms around the country and the world are lining up to compete for this debt, which makes up what industry insiders call a “massive opportunity.” Analysts estimate that about $450 billion of new capital will be needed to bail out the Read full article »

SEC Investigation Indicates Concerns about Extend and Pretend

While the country’s lenders struggle to stay afloat, one of the main methods for keeping books in the black for banks with heavy commercial real estate lending portfolios is a common practice called “amend and extend” or “extend and pretend”. Basically, this strategy involves changing the terms of an existing loan in order to give the borrower more time to 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.