Tag archives for carole vansickle bryan ellis

Grant to Homeownership Preservation Foundation to Fight Scams

Thanks to a $1 million grant from HUD, the Homeownership Preservation Foundation (HPF) will continue to be the “primary call to action” for HUD’s campaign to help distressed homeowners avoid being scammed by con artists taking money for foreclosure preventions and loan modifications. HPF’s Homeowner’s HOPE Hotline is a “central point of contact that homeowners in the U.S. rely on Read full article »

Down Payments On the Rise

Last week the Obama administration called for lenders to raise down payments on properties to a minimum of 10 percent on conventional loans, but that number is likely going to be on the low end of the spectrum. In fact, private lenders are already pushing the numbers higher in an effort to mitigate risk as home prices fall, reported the Read full article »

Foreclosures on the West Coast Reach Pre-Robo-Signer Volumes

While the rates of foreclosure in many states in the east have slowed to a crawl as judges, courts, homeowners and lenders struggle to determine just how to handle the continuing fallout from the robo-signer fiasco, the west coast is not experiencing the same delays. In fact, Foreclosure Radar, a California-based tracking firm, reported earlier this week that foreclosure auction Read full article »

Prominent Lawyer Held in Contempt for Florida Foreclosure Fraud

Following on the heels of a New York ruling that lawyers must sign affidavits attesting to the truthfulness and thoroughness of their foreclosure filings, a Florida judge has found one of Fannie Mae’s former law firm’s partners in contempt for “sham” foreclosure documents that wasted the court’s time. Marc Ben-Ezra, a founding partner of Ben-Ezra & Katz, received the contempt Read full article »

Fannie and Freddie Costs Projected to Sink From Here

Just when you were thinking it just couldn’t get any higher…The current administration let you know that you were right. According to current projections, the cost of rescuing government-controlled Fannie Mae and Freddie Mac will sink as they are slowly phased out of existence, the Obama administration announced today. While the “rescue has cost $131 billion to date, by 2021 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.