Tag archives for underwater property

MERS Mess Update: Delaware AG Files Suit Against MERS

Beau Biden, state attorney general (AG) of Delaware, has filed suit against the Mortgage Electronic Registration System (MERS) for deceptive trade practices. Saying that “real property rights have been a cornerstone of our society,” Biden alleges that MERS’ has created “confusion among homeowners, investors and other stakeholders in the mortgage finance system, seriously damaging the integrity of the land records Read full article »

Number of Homeowners With Negative Equity Dropping

While you might expect CoreLogic’s recent study on negative equity to indicate that the entire nation is underwater, in reality the number of homes that have negative equity is not only under 25 percent, but the number is dropping. While the numbers are dropping (from 23 percent to 22.5 percent at the end of 2010, for a total of more 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.