Tag archives for unwind foreclosures

Case Study: A Close-Up Look at the Massachusetts Foreclosure Ruling

Since the Massachusetts Supreme Judicial Court ruled last week that Wells Fargo and US Bancorp unjustly foreclosed on two properties the mortgages to which they did not actually hold verifiable title, the entire real estate investing industry – along with banking and legal eagles – has been in an uproar. The decision which invalidated two foreclosures that had already been Read full article »

Wall Street Not Too Worried By Massachusetts Foreclosure Ruling

While real estate investors, homeowners and analysts around the country are struggling to determine just what type of effect the Massachusetts high court ruling invalidating two foreclosures last week will have on the real estate market and on their personal properties, Wall Street doesn’t seem too concerned. The rest of us are at least a little alarmed by the potential Read full article »

Major Lenders Protest New Jersey’s Threatened Foreclosure Freeze

Six major lenders are disputing a New Jersey chief justice’s proposition that their foreclosures be suspended indefinitely in his state, saying that they have addressed “questionable legal practices” and arguing that such a freeze might even be unconstitutional under the New Jersey constitution. The six lenders – Ally Financial, Bank of America, JP Morgan Chase, Wells Fargo, CitiGroup and One Read full article »

Massachusetts Foreclosure Judgment Fallout Continues

Last week, the Massachusetts Supreme Judicial Court (SJC) handed down what bodes to be a landmark decision not just for homeowners facing foreclosure, but for lenders throughout the country and homebuyers and note-buyers everywhere. In the decision, the SJC determined that two foreclosures enacted by US Bancorp and Wells Fargo were invalid because the two lenders had not adequately proved 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.