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Category: Florida Foreclosures

Florida Foreclosure process “just a rotten bag of apples,” Roy Oppenheim says

It’s an understatement to say that homeowners have had it up to here with banks and the foreclosure process. Those caught up in the wake of the foreclosure crisis often see the banks as heartless and just out to make a buck. Some feel like what the banks have done to the American homeowner is criminal. And they just might […]

Oppenheim Says: Don’t Give up on Miami, the Heat is on!

Orlando’s got the Florida real estate Magic and Miami has the Heat! Reports are in that Miami and Orlando are dragging Florida out of recession, but for now only Orlando is performing above its economic weight class. The Miami Herald reported this week that while Orlando represents just 14 percent of Florida’s 7.2 million-person workforce, it accounts for 46 percent […]

Watch us on CBS4 Tonight: Al Sunshine Reports on Florida’s Foreclosure Fiasco

Foreclosure or loan modification? Banks say foreclosure; homeowner says loan modification. CBS4 interviews foreclosure defense attorney Roy Oppenheim for the CBS Miami news broadcast tonight at 11:00 ET. Oppenheim, along with Chief Consumer Investigator and “4 Your Money” host Al Sunshine discuss the current Florida foreclosure crisis, focusing on why banks would rather foreclose on your home than consider a […]

Who gets the Golden Ticket? Charlie or the Banks?

Financial Times Headline: Caution urged on US bank foreclosure fines Who gets the golden ticket? We all remember the deserving Charlie Bucket inside the chocolate factory of the eccentric chocolatier, Willy Wonka. In the end, Charlie gets the Chocolate Factory and the golden ticket. This week’s Financial Times writer Tom Braithwaite reported a story: Caution urged on US bank foreclosure […]

Foreclosure Aid Makes Headlines, Roy Oppenheim Calls it No Quick Fix, Heartbreaking in Sun Sentinel Cover Story

Really just a band-aid, Florida’s Hardest Hit Program comes at a time of desperate resuscitation. With Florida’s $1 billion foreclosure prevention program just getting underway, South Florida counties lead the state in the amount of applications received, according to numbers released this week by Florida Housing officials. In the program’s first week, 9,439 homeowners across the state applied for funds […]

“Welfare for the Rich” – Matt Taibbi Exposes Disgusting Practices at the Federal Reserve

The question of the decade: Why isn’t Wall Street in jail? In a typical jaw-dropping article for Rolling Stone Magazine The Real Housewives of Wall Street, Matt Taibbi reveals the shocking practices of the Federal Reserve during the Great Recession. With the nation staggering, the Federal Reserve took it upon itself to lend trillions of dollars at nearly zero percent […]

Banks Desperately Seeking Short Sales

There is an interesting practice developing at our nation’s big banks. Borrowers who are in or nearing foreclosure are being offered thousands of dollars to short sale their homes. Some are even being offered $35,000 to get rid of their homes, and quickly. This situation presents an intriguing insight into the way banks are thinking at the moment. Banks would […]

Poor Wall Street: Everyone Is Picking On Them

Who would ever have thought that the most respected names on Wall Street would cheat the house by playing with a marked deck? Dear Wall Street: We’re not in Vegas anymore! The Sin City “players” of Wall Street might be trading in the fancy hotel rooms for prison cells. The SEC is now following the Federal Reserve and the Senate […]