WESTON, FL (PRWEB) OCTOBER 20, 2015 – Press Release
As the nation begins to heal from the past few years of financial turmoil, Florida foreclosure defense team Roy Oppenheim and Jacquelyn Trask-Rahn expose the effect the “negotiability” of Fannie Mae and Freddie Mac promissory notes had on the market crash in The Emperor’s New Clothes: How the Judicial System, Financial Industry, and the Housing Market Have Turned a Blind Eye to the Destruction of the Negotiability of Mortgage Promissory Notes.
Oppenheim said, “It’s imperative that we ensure the judicial system is not polluted by interest group politics, in this particular case the banking industry.
Written by Samantha Joseph, Daily Business Review.
Kenneth Welt, senior U.S. bankruptcy trustee for the Southern District of Florida, said strong demand is gobbling up the inventory of distressed real estate sold through a pilot program designed to bypass foreclosure. Continue reading→
As a nation, we have seen firsthand the catastrophic effects of improper mortgage disclosures on the real estate market. While the recovery from the 2008 financial crisis has certainly been more of a marathon than a sprint, the new Consumer Financial Protection Bureau’s TILA-RESPA Integrated Disclosures (TRID) may bring recovery to a standstill.
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