Tag archives for Robo Signers

New Mobile App Helps Homeowners Fight Foreclosure

In order to effectively combat foreclosure, homeowners need to have access to massive databases of information that will provide them with as much data as possible about their personal piece of property and unique foreclosure scenario. For this reason, one homeowner advocate has developed an app for that. Kyle Ransom’s “Go Fight Foreclosure” app is designed to “prevent wrongful foreclosures” Read full article »

42 Percent of Delinquent Homeowners Haven’t Made a Payment in Over a Year

According to information released in July by Lender Processing Services (LPS), fully 42 percent of all delinquent homeowners have not made a payment on their mortgage in more than a year. The average time of delinquency is 397 days, a new record. Despite these foreboding numbers, though, other statistics looked brighter, with first-time foreclosure starts at nearly three-year lows and Read full article »

Number of Americans at Risk for Foreclosure on the Rise

According to the Mortgage Bankers’ Association (MBA), 8.44 percent of homeowners missed at least one payment in the second quarter of 2011, putting 0.12 more homeowners at risk for foreclosure in Q2 of 2011 than were believed to be at risk in Q1. In a “normal market,” only about 1.1 percent of homeowners are delinquent at any given time, says Read full article »

New Jersey Braces for Foreclosure Onslaught while Christie Faces Criticism for Slow Action on Foreclosure Rescue Fraud Bill

Last December, state supreme court justice Stuart Rabner called a halt to foreclosures by some of the biggest banks in the country in the state of New Jersey, demanding that Bank of America, Wells Fargo, JPMorgan Chase and other major lenders cease and desist all foreclosures in the state until they had proven that they had dealt with potential consumer Read full article »

Robo-Signing Still an Epidemic

Although foreclosure servicers have, for the most part, cleaned up their act under intense public scrutiny, robo-signing is still rampant in many areas of the mortgage industry, alleges the associated press, citing an investigation that, among other things, found the signature “Linda Green” signed more than 20 different ways in just one firm. The Linda Green in questions actually worked 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.