Tag archives for utah real estate

Minnesota Determined to be a Mortgage Fraud Hot Spot

According to the second quarter Mortgage Fraud Index released by MortgageDaily.com, Minnesota’s mortgage fraud index increased 27 percent from the first quarter of this year. MortgageDaily.com bases the index on criminal and civil cases in which defendants are accused of “trying to deceive real estate lenders into making credit decisions using fraudulent documentation or property appraisals with false values.” On Read full article »

Utah State Appeals Court Sides with MERS

The Utah Court of Appeals has determined that the Mortgage Electronics Registration System (MERS) has the right to foreclose on homes in the state, thereby dashing the hopes of thousands of distressed homeowners hoping for relief or even revenge on their lenders via contesting their foreclosures on the basis that MERS does not have the right to foreclose on their Read full article »

Law Firm in Utah Suing to Stop Bank of America Foreclosures

Mumford, West & Snow, a Salt Lake City law firm, hopes to prevent Bank of America from carrying out any more foreclosures in Utah in the near future. Last week, the law firm filed a class-action suit against BofA and subsidiary Recon Trust “for conducting thousands of unauthorized foreclosures in Utah”. Marcus R. Mumford, lead counsel, hopes to “prohibit the Read full article »

Luxury Ski Markets Could be on the Mend

While the residential housing market could be in for a long haul when it comes to a market recovery, luxury ski resorts could be a bellwether for an improvement in the high-end market, say brokers in Aspen, Vail and Lake Tahoe. These professionals are reporting a “significant recovery” in 2010, with sales increasing 8 percent year over year, and luxury Read full article »

Montana Takes a Shot at Federal Land

The state of Montana believes that it should have the right to exercise authority over federal land within the state – and the state legislature is working to “override the powers the U.S. government holds in the state” via Senate Bill 254, which would give Montana eminent domain authority over federal land within its borders. Jonathan McNiven, a republican from 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.