While the media is full of stories on underwater borrowers walking away from their homes, some homeowners are actually seizing the opportunities presented by today’s lousy seller’s market and record-low interest rates to refinance – with money at closing – or even trade up on their existing homes. If you have the wherewithal to “retire” your old mortgage, you can Read full article »
Tag archives for Willingness
Buyers Finding that “Cash In” Refinancing and Retiring Old Mortgages can Result in Twice the House for the Same Money
category: Real Estate News
tags: Borrowers, Knowledge, Living Space, Loan Refinance, Low Interest Rates, Lower Monthly Payments, Magic Combination, Money, Mortgage, Mortgage Refinance, Mortgages, Real Estate Brokers, Real Estate Investors, Real Estate Market, Refinance, Refinancing Mortgages, S Market, Space Cases, Trend, Willingness, Wsj
Wells Fargo Forecasting AGAINST a Double Dip Recession
Earlier this week Wells Fargo Advantage Funds Market Strategists breakfasted in New York City and concluded that there would not be a double dip recession due to “too much fiscal liquidity” in the market. While the group admitted that there is currently “sub-par” growth in the market, they emphasized that “there is still growth.” The group went on to say that Read full article »
category: Real Estate News
tags: Advantage, Arenas, Banks, Commodities, Confidence, Double Dip Recession, Investing, Investor Sentiment, Liquidity, Market 1, Market Stability, Market Strategists, New York City, People, Real Estate Market, Risky Areas, Risky Investments, Stock Market Investors, Stocks And Bonds, Wells Fargo, Willingness
Jesse Jackson Extorts Money From Fannie Mae & Freddie Mac
Jesse Jackson has long been in the business of extortion to collect money for his pet company "Rainbow/PUSH Coalition". His normal mode of operation is to threaten companies with organized boycotts against the company's products/services until the company makes a substantial "contribution" to Rainbow/PUSH. This is extortion, and I believe Jesse Jackson is a criminal. He has single handedly Read full article »
category: Real Estate News
tags: 12 Months, Boycotts, Citizenship, Educational Conference, Extortion, Fannie Mae, Fannie Mae And Freddie Mac, Freddie Mac, Jesse Jackson, Massive Losses, Pet Company, Prey, Principle, Race Relations, Racial Discrimination, Rainbow Push Coalition, Shareholders, Substantial Contribution, Tendencies, Willingness, Wit
President Bush Disappoints On Fannie & Freddie Fiasco
The slaughter of Fannie Mae and Freddie Mac continues in the stock market, and President George W. Bush is going exactly the wrong way with his response. At a press conference, the President began implying a willingness to step in and support Fannie & Freddie instead of allowing the problems to work themselves out naturally. Bad move, Bush. It's like financing Read full article »
category: Main Content, 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.
Bryan Ellis Reviews
Here are a few of the totally UNSOLICITED comments that people have made about me (Bryan Ellis). Thank you so much for your kind words - and I always welcome your feedback. Thank you! Here's one sample Bryan Ellis Review that just came in: Bryan, I would like to take a moment to say “Thank You” for your willingness to Read full article »