Archives for Real Estate Scams

Real Estate Scam of the Day: Real Estate Agent Steals Home from Parents

One Contra Costa real estate agent won’t be signing his name – or anyone else’s – on any titles anytime soon. His last transaction, which transferred the deed of his parents’ rental property to him, turned out to be a fraud in which Walter Roberts forged his elderly parents’ names in order to gain control of the $300,000 property. Roberts Read full article »

Cold, Hard Numbers: 21.1

21.1: The percent increase in new foreclosures during Q3 2011. The spike was caused when banks and other lenders lifted the voluntary moratorium on foreclosures implemented in late 2010 in the wake of the robo-signing scandal. Read full article »

Massachusetts Senator Says GSEs Should Pay Up

According to Senator Scott Brown (R-Massachusetts), the Securities and Exchange Commission (SEC)’s civil suit against six former executives of Fannie Mae and Freddie Mac simply doesn’t cut it. Saying that the SEC has failed to “achieve justice and accountability for the American people” and that there needs to be a closer inspection of the GSE’s business dealings prior to and Read full article »

The Week in Review: December 19-24, 2011

News: FTC Fines Mortgage Mod Fraudsters Millions, Bans from the Mortgage Market The One Property Type that Won’t Linger on the Market 2-Month Payroll Tax Cut Passed to Tea Party and Republican Outrage (Boehner Taken to Task) Market News: Cash Injection Fails to Revive Eurozone The “Real Deal” on Who Controls Philanthropy in Most Wealthy Households Training and Education: An Overview of Creative Financing What NOT to Read full article »

Real Estate Scam of the Day: Mortgage Mod Fraudsters Fined, Banned

The Federal Trade Commission has settled with six defendants who charged distressed homeowners more than $4,000 a head to reduce mortgage payments via the “Obama Act.” The individuals were in no way associated with the government and were not offering a federally-approved or sponsored program and also did not have the affiliations with lenders and the government that they claimed Read full article »

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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.