Tag archives for massachusetts attorney general

HUD, Justice Department Bring Pressure to Contrary Attorneys General

If you live in New York, Nevada, Massachusetts or Delaware, then you can rest assured that your attorney general is pretty steamed about the robo-signer crisis. So steamed, in fact, that they are doing everything possible to prevent the current proposed settlement with the nation’s biggest lenders from happening. A lot of people support this reluctance to cave in and, Read full article »

Department of Justice Pressuring State AGs to Sign Bank Settlement

The Department of Justice believes that it has worked out a good settlement with the nation’s biggest lenders to resolve allegations of foreclosure fraud and the robo-signer fiasco, and both parties are preparing to sign the agreement. Not, however, with the blessing of all 50 state attorneys general, which could create a major roadblock for the deal. Part of the Read full article »

Massachusetts AG Settles Discrimination Suit

Martha Coakley, the Massachusetts attorney general, recently announced that two real estate companies had settled in two anti-discrimination and lead paint lawsuits. The company in question, Top Real Estate & Development, Inc., refused to rent or show an apartment to a pregnant woman. The woman wished to view the apartment in May 2010 at eight months pregnant. Her residence in Read full article »

Mortgage Shake-Up Continues with Fall-Out in Massachusetts

When the Massachusetts Supreme Judicial Court ruled that Wells Fargo and US Bancorp did not adequately show ownership of two properties that they repossessed and then sold over two years ago, real estate analysts, experts and investors knew the fallout would be huge. After all, pointed out one Georgetown professor, the ruling literally throws a “cloud” on every foreclosure title 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.