Wed Apr 11, 2012 by Oppenheim Law on Florida Law News
“Let me be frank. Our banks earn profit too easily. Why? Because a small number of large banks have a monopoly.” Sounds like something I would have said. Or something our president SHOULD be saying. Except here’s the thing. The elected official quoted isn’t talking about our own corrupt banking system. The quote above came from the prime minister of […]
Fri Apr 6, 2012 by Oppenheim Law on Florida Law News
Judge Signs $25 Billion Foreclosure Settlement It’s finally official. The so-called $25 billion foreclosure settlement has been signed off by a federal judge. This comes after the settlement was filed in court last month. DC District Judge Rosemary Collyer did the honors Wednesday. I won’t rehash my thoughts about what’s good and what’s bad about this settlement. Everything that needs […]
Thu Apr 5, 2012 by Oppenheim Law on Florida Law News
Excuse me Jamie. Mr. Dimon, hello? Do you really still think we’re fools? How else can you explain your half-hearted apology over JP Morgan’s part in the robosigning scandal? The CEO of JP Morgan Chase made some efforts towards reconciliation in his annual letter to shareholders, which is now out for all to see. But it’s clear that Jamie Dimon […]
Tue Apr 3, 2012 by Oppenheim Law on Foreclosure Defense
Man I just love it when the banks eat their own! It’s even better when they start using MY arguments to do it. The very same arguments I’ve used to defend my clients. The essential problem is this, securitized trusts, the ones your homes were bought and sold into, weren’t always mortgage-backed! I’ve long had questions about the validity of […]
Thu Mar 29, 2012 by Oppenheim Law on Florida Law News
Too Big To Fail used to be a joke. It became an insult hurled by Occupy Wall Street or the Tea Party at the big banks, but that’s all it was. It was never an expression that had any legitimacy. It was just a nice little way for the media to classify the banking industry in a ready-made slogan. Guess […]
Tue Mar 13, 2012 by Oppenheim Law on Florida Foreclosures & Foreclosure Fraud
In the weeks after the mortgage settlement was announced by the Federal Government, I waited under baited breath to the see it in its entirety. Almost every week I read a different report stating the documents to finalize the settlement were about to be filed in court. And as each reported deadline came and went, I grew more and more […]
Wed Feb 8, 2012 by Oppenheim Law on Short Sales
For 5 years now we’ve been a huge champion of the short sale. We’ve been banging and banging away at the banks because they didn’t share our opinion. There has long been an institutional reluctance among our nation’s lenders to embrace the short sale, but it appears they are finally coming around. According to Corelogic’s most recent numbers, short sales […]
