Archive for September, 2010

« Older Entries

How the Banks Aren’t Playing Fair: CBS News, Roy Oppenheim Talks with Investigative Reporter Stephen Stock

Thursday, September 30th, 2010

The banks “supporting” documents for foreclosure actions are now being investigated.
The question is: Are the banks playing by the rules? Not banks like GMAC, JPMorgan Chase and soon to be a list of others.

Roy Oppenheim of Oppenheim Law says the three Florida foreclosure stories on this investigative report by CBS4 Stephen Stock are the rule rather than the exception. There seems to be a disconnect with the banks and some are calling it FRAUD.

“This is the tip of a very ugly iceberg and the banking ship is now sinking,” says Oppenheim.

Oppenheim continues to help Florida homeowners learn more about developing stories concerning bank fraud and will focus on this subject in his monthly foreclosure defense workshop on Wednesday October 6 at 6pm. The full CBS story is live on the Roy Oppenheim YouTube Channel.

Tags: , , , , , , , , , , ,
Posted in CBS News, GMAC, Roy Oppenheim | 2 Comments »

Special Workshop: Underwater Homeowners Can Use Bank Fraud Crisis to their Advantage Hosted by Roy Oppenheim

Tuesday, September 28th, 2010

Roy Oppenheim answering calls on Neighbors 4 Neighbors on CBS4.You have been hearing about it in the media: there is a national bank fraud crisis. Now find out what it means to the future of the South Florida real estate market and foreclosures. Mother Jones, The New York Times and the Sun Sentinel have covered it and an investigative special report will air tonight on CBS 4 reported by Stephen Stock.

Banks and law firms are under fire with the recent GMAC admission that it filed false foreclosure documents. Bad documentation, falsely notarizing signatures, and the courts pushing homeowners through the foreclosure process (also known as the “rocket docket”) are coming to a quick halt as the tides turn on the banks in favor of the homeowner.

“It’s as if the curtain has finally been pulled back,” said Roy Oppenheim, a legal blogger and foreclosure defense attorney who has been predicting this house of cards for the past two years on his South Florida Law Blog. “The world now has evidence to what ends the banks will go to falsify documents and encourage individuals to perjure themselves by falsely notarizing signatures.”

What does this mean to the Florida homeowner? Oppenheim shares his views and opinion on this unprecedented set of events at a free real estate workshop, which streams live via the web or in person on Wednesday, October 6 from 6-7 p.m. Topics include: the pros and cons of strategic defaults, short sales, loan modifications, deeds in lieu, and deficiency judgments.

What: Underwater Homeowners, Bank Fraud Crisis Foreclosure

Defense Workshop

When: Wednesday, October 6, 2010 – 6 to 7 p.m.
(more…)

Tags: , , , , ,
Posted in Florida foreclosures, Florida Law News, Foreclosure Defense, Foreclosure Workshop, GMAC, Roy Oppenheim | 2 Comments »

Sun Sentinel Cover Story: Underwater Mortgage Relief for Florida Homeowners, Oppenheim Shares His View

Sunday, September 26th, 2010
Roy Oppenheim Florida Foreclsoure Defense Attorney

Today's cover story in the Sun Sentinel discusses how underwater mortgage options are not working

Florida foreclosure attorney Roy Oppenheim shared his views with Sun Sentinel real estate reporter Paul Owers and contributed to today’s cover story. In case you missed it, below is an excerpt from the story and a link to the full story.

‘But Roy Oppenheim, a foreclosure defense lawyer in Weston, argues that the government should have given money directly to homeowners.

Under such a plan, discussed by Yale economist Robert Shiller in his 2008 book, “The Subprime Solution”, the government would lend homeowners money to pay off their mortgages. Banks, with the help of the government, would refinance those existing loans at lower interest rates, saving homeowners hundreds of dollars a month.

“Your recession would be over,” Oppenheim said. “Instead, the money went to the banks, which used it on stock dividends or to pay bonuses. It’s lunacy. That money doesn’t make it to the average guy on Main Street.”

“People can’t hold on anymore,” Oppenheim said. “They’re losing faith that the cavalry is coming.”

Read the full story: Mixed results for mortgage programs and Federal programs for troubled homes have limited success http://www.sun-sentinel.com/business/fl-mortgage-relief-programs-20100924,0,6634223.story?page=2

Tags: , , , ,
Posted in Florida foreclosures, Florida Law News, Roy Oppenheim, Sun Sentinel, Underwater Mortgage | No Comments »

Is Congress Suggesting Fannie Mae is Endorsing Foreclosure Fraud? Roy Oppenheim Asks

Saturday, September 25th, 2010

Roy Oppenheim shares a letter to Fannie Mae from Members of Congress. Stay tuned as Oppenheim gives his views on what this means to the Florida real estate market.

Tags: , , ,
Posted in Florida foreclosures, Florida Law News, Foreclosure Fraud, GMAC, Roy Oppenheim | No Comments »

Page 1 of 3123
PHP/MySQL Components, WordPress Plugins, and Technology Opinions at TravisWeston.com

Bad Behavior has blocked 4233 access attempts in the last 7 days.