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Category: Florida Foreclosures

Florida Lawmakers Hurting Homeowners with New Foreclosure Defense Bill?

Sun Sep 18, 2011 by on Florida Foreclosures

The Florida Fair Foreclosure Act is making headlines. It’s no secret that the Florida courts are clogged with homeowners and banks wrestling over foreclosed homes. Florida lawmakers seeking to relieve the burden on the court system are looking to streamline the process with a new bill. The Palm Beach Post reports Rep. Kathleen Passidomo, R-Naples, is shopping for input on […]

Power Play in Foreclosure Arena: New York Attorney General Sides with Consumers

It’s called doing the right thing for consumers! New York Attorney General Eric Schneiderman stands alone on the side of the consumer, seemingly everyone else against him. The banks are trying to wipe out all of the potential claims against them, and they are being helped by the Obama administration, the Federal Reserve, and most of the State Attorney Generals. […]

Florida Fair Foreclosure Act: Devil in the Details

Trust the banksters . . . we think not! Florida Foreclosure Defense Attorney Roy Oppenheim says: Florida Homeowners Beware! The proposed Florida Fair Foreclosure Act, at first glance, appears to be fair for homeowners. But watch out; it is actually only meant to be fair to the banks. The Act allows banks to rapidly and without supervision steal homes right […]

Prediction: “Impossible Number” of Foreclosures to Come?

If the apple does not fall far from the tree; how far does the real estate market fall from foreclosures? More than 11.5 million people will eventually default on their mortgages, predicts a leading mortgage analyst. Did you read that right? Yes. It’s no surprise that the weakening real-estate market has a strong correlation to the amount of severe negative-equity […]

Video Interview: Roy Oppenheim on Florida Real Estate Double Dip

South Florida Law Blog’s Roy Oppenheim says we’re not out of the woods yet! A second wave of Florida foreclosures will hit in the third quarter of this year, Florida Double Dip? Foreclosures, Zombie Foreclosures, Fraud-closures from Oppenheim Law on Vimeo. Oppenheim Law Predictions: Government programs such as unemployment benefits as well as the reduction in payroll tax benefits are […]

Foreclosures to Rentals. Obama Finally Listens to Oppenheim Law

Taking a cue from Oppenheim Law, the Obama Administration is mulling over plans to reduce the number of foreclosed homes on the market by renting them out, according to the Wall Street Journal. As the large inventory of distressed homes on the market continues to push a reduction in home prices as well as an increase in rental prices, the […]

Foreclosure Notice by Facebook: Banks New Advantage Over Homeowners

What does the digital future of foreclosures look like with social networks like Facebook? Oppenheim Law explores how living in a gated community or hanging out on Facebook may impact the foreclosure process. In the never-ending battle by the banks to make things just a little easier for them, courts in Australia began to authorize banks to serve foreclosure proceedings […]

Beware of Zombie Foreclosures! Cases Dismissed Months Ago are Now Back from the Dead

Wed Jul 13, 2011 by on Florida Foreclosures

It’s a case of Dawn of the Dead called zombie foreclosures. In addition to the wave of Florida foreclosure cases expected once the banks get their paperwork in order and begin to foreclose on new homes again, a different wave of foreclosure cases is also ready to crest. The second wave is the zombie foreclosure wave. The zombie cases are […]