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Tag: chase

Real Estate Review: Mortgage Rates Set New Low, Homeowners Get More Time, Banks Get Blame and “Reverse Foreclosure”

Mortgage Rates Set Fresh 2011 Low After Jobs Report Fixed rate home mortgage loans dropped for the eighth straight week to a new low for 2011 amid concerns of another economic slowdown this year, according to data from Freddie Mac and a report by The Wall Street Journal. The 30-year fixed-rate mortgage averaged 4.49%, down from 4.55% last week and […]

The Daily Show and Mortgage Banker’s Association; Roy Oppenheim Offers Technical Insight

The foreclosure “walk of shame” happens to the best of us; even the Mortgage Banker’s Association (MBA). When Roy Oppenheim received a call from the producers of The Daily Show with Jon Stewart; he knew this was not the typical call from a distressed homeowner facing foreclosure. This was about a topic Oppenheim had shared on his blog months ago. […]

Cracked! Humpty Dumpty, Chase, and GMAC: The Bank Mortgage Foreclosure Fraud Crisis Continues to Fall by Roy Oppenheim

Humpty Dumpty sat on the wall. Humpty Dumpty had a great fall. All the king’s horses and all the king’s men. Couldn’t put Humpty Dumpty back together again. Most Americans, including some lawyers and even judges don’t understand what happened. Yes, it is complex and confusing. But at the end it’s real simple. In the old days, a bank would […]

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

Thu Sep 30, 2010 by on Roy Oppenheim

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 […]