Tag archives for Financial Fraud

New Jersey Attorney General Takes Down Seven Illegal Loan-Mod Businesses

In the state of New Jersey, you cannot offer loan modification services if you are not licensed to do so by the state. And it can cost a pretty penny if you attempt to work around this requirement. Just ask the seven unlicensed loan modification businesses now facing nearly $90,000 in penalties and restitution fees thanks to the state’s attorney Read full article »

Real Estate Scam News of the Day: Los Angeles County Named “Epicenter of Mortgage Fraud” by Fed

At the end of September, Los Angeles county in California earned the decidedly dubious distinction of being named the “national epicenter of mortgage fraud,” according to federal officials. This means that this area ranks number one in the nation when it comes to mortgage fraud reports made since the market tanked in 2008. Tony West, the United States attorney general 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.