Tag archives for Real Estate Investor

Scrap Thieves Threaten Home Values

Every real estate investor knows that a property sitting empty on the market is a magnet for vandals and thieves. However, you probably do not expect the property to explode as part of the process. That is just what happened, however, to a house on the west side of Youngstown, Ohio, last week. Firefighters suspect that vandals were in the Read full article »

U.S. Housing Market Could be Approaching the Bottom

According to Jan Hatzius, chief economist of the Goldman Sachs Group in New York, the U.S. housing market could, finally, be approaching the bottom. And that’s good news: “Over the next few years,” says Hatzius, “the housing sector is going to improve” although there is still “a lot of excess supply out there.” Other analysts agree, saying that since “the Read full article »

Former Fannie Mae CEO Receives Wells Notice

Fannie Mae’s former CEO may have some explaining to do to the SEC. Daniel Mudd, former CEO of Fannie Mae, was the recipient of a Wells notice from the Securities and Exchange Commission, which is considering taking legal action against him. A Wells notice informs the recipient that the SEC is considering legal action and allows the recipient to preempt Read full article »

HUD Speaks Out in Defense of HAMP, Foreclosure Prevention

Over the past few weeks Republicans in Congress have led efforts to eliminate four foreclosure alternative and prevention plans, saying that they are doing more harm than good. Many experts agree with them, since programs like HAMP have dramatically underperformed while still effectively using millions or even billions of taxpayer money. The Department of Housing and Urban Development, however, believes Read full article »

14 Percent of BofA Mortgages Have a Shot at HAMP

In a recent sampling of 60-day (or more) delinquent mortgages, Bank of America determined that only 14 percent of them could qualify for a permanent HAMP loan modification. As Republicans in Congress take aim at HAMP and other government-sponsored homeowner assistance programs, numbers like these – in conjunction with the high costs of running such programs – are likely 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.