KUOW NPR Florida Foreclosure Process Could be ChangingBryan Ellis Real Estate LetterOne of the states most riddled with foreclosure process questions and allegations of foreclosure fraud is hoping to make a legislative change that will make it easier for lenders to foreclose. According to the an interview with Governor Rick Scott in …Would moving foreclosure [...]
Inman.com August Posts 33 Percent Spike in ForeclosuresBryan Ellis Real Estate LetterIt looks like the unofficial moratorium on foreclosure may be over. 33 percent more US homes received an initial default notice in August over July – the biggest monthly gain in four years[1]. While an initial notice does not guarantee a foreclosure, …More foreclosures [...]
Radar Logic Expresses Concerns About Federal Foreclosure SalesBryan Ellis Real Estate LetterGiven that the pools of foreclosures would sell at deep discounts, the data firm warned that this would negatively affect properties in the area if these distressed properties were factored into home appraisals. “Even if local appraisers do not use the …and more » View [...]
Oregon Judge Blocks Seizure of Home, Questions Non-Judicial ForeclosureBryan Ellis Real Estate LetterUS District Judge Owen Panner believes that two wrongs do not make a right and, in keeping with this philosophy, has blocked the foreclosure on a Medford, Oregon home[1]. “While I recognize that [the owners] have failed to make any payments on the [...]
Lenders Improving Foreclosure Quality in Order to Move HomesBryan Ellis Real Estate LetterNow, however, with so much competition for buyers, lenders like Wells Fargo are “sprucing up” their REO properties and foreclosures in an attempt to attract qualified buyers who currently have their pick of a vast inventory of homes[1]. …Buying a Foreclosed PropertyPatch.comall 14 [...]
Technorati New Bill Aims to Defuse Termination of Federal Foreclosure ProgramsBryan Ellis Real Estate LetterIn an effort to ameliorate the impact of the potential termination of federal foreclosure programs by bills recently passed in the House of Representatives, Steve Cohen (D-TN), has proposed a bill establishing a grant program for state and local …President Obama [...]
Daily Mail Two States Enact Emergency Amendments to State Foreclosure LawsBryan Ellis Real Estate LetterThe ripples from the Massachusetts foreclosure ruling last week are spreading. While many experts contend that the ruling will have little effect outside of …Big Banks To New Jersey: Stop Bugging Us About Foreclosure DocumentsHuffington PostAnother housing-market nightmareNew York PostAnalysts predict [...]
FrontPage Magazine Foreclosure-Related Evictions Expected to RiseBryan Ellis Real Estate LetterAfter the state of Oregon suspended foreclosure evictions for the holidays, it is possible that many homeowners cherished hopes that they might be able to …Fannie Mae and Freddie Mac Mortgage News Deal Bank of America; Stop …Learning and FinanceTalks just a first step in [...]
Bank of America Faces Class Action Suit Over TARP Money Foreclosure “Agreement”Bryan Ellis Real Estate LetterBank of America's refusal to participate in foreclosure prevention programs even though it accepted $25 billion in TARP (Troubled Asset Relief Program) …Foreclosures Still Dragging Down Housing, EconomyNPRBank Slammed With Another Class ActionCourthouse News ServiceBank Foreclosures And You: Was Hamp [...]
Attorneys General Foreclosure Probe into Robo-Signer Fiasco Faces HurdlesBryan Ellis Real Estate LetterThe nationwide foreclosure probe so optimistically announced a few weeks ago by Iowa's Attorney General Tom Miller is facing some hurdles as it struggles to …One Probe, 50 States, High StakesWall Street JournalState Attorneys General Fighting Foreclosure Fraud Coming Back in PollsFiredoglakeState AGs [...]
