Tag archives for Transunion

More Consumers Opting to Skip Mortgage Payments Instead of Credit Card Payments

Historically, you paid your mortgage before you paid anything else. That kept a roof over your head and tended to be a bright spot on your credit report even if other accounts had been allowed to slide. Now, however, that trend is changing. In fact, according to SmartCredit.com president of consumer education John Ulzheimer, consumers are now opting to pay Read full article »

Mortgage-Only Defaulters Still Good Credit Risk

If you are thinking about lending money to someone who defaulted on their mortgage during the past recession, then you can rest fairly easy as long as the mortgage is the only thing they let go, reported TransUnion credit bureau yesterday. In fact, only 11 percent of borrowers with only a mortgage default on their record defaulted on new credit Read full article »

Core Assumptions About Mortgage Borrowers Breaking Down

These are strange times in the mortgage business. Bankers have long assumed that a mortgage borrower would do virtually anything necessary to stay in their home and avoid the stigma of foreclosure, including opting to withhold payment on other bills in order to stay current on their mortgage payments.  And for decades, this assumption has been correct. Not any more. Two big trends 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.