Posts Tagged ‘foreclosure backlog’

Scott signs controversial fast-track foreclosure bill into law

Sunday, June 9th, 2013

Scott signs controversial fast-track foreclosure bill into law

Stand your ground and stay in your home! Get professional advice and fight for your property rights.

This story was originally written by Kimberly Miller – Palm Beach Post – Staff Writer and has been republished in the South Florida Law Blog featuring Roy Oppenheim, Oppenheim Law.

Gov. Rick Scott signed the controversial fast-track foreclosure bill into law Friday, surprising opponents of the plan who thought he would quietly let it become law without his support.

The bill is the first substantial change to Florida foreclosure laws since the state’s epic real estate crash pushed hundreds of thousands of homeowners into default and overwhelmed the court system.

Scott said he supports the bill, one of 34 he signed Friday, because he believes it will add to Florida’s economic recovery by “placing abandoned homes, caught up in the foreclosure backlog, back onto the market.”

“This bill expedites an existing and voluntary alternative court process for defaulted home loans in uncontested cases when the borrower and the bank both seek a more speedy finality,” he wrote in his transmittal letter to the Department of State.

Homeowner advocates and foreclosure defense attorneys waged a high-profile battle against the bill, which even ignited a rare public brawl within the Florida Bar between lawyers opposed to the proposal and the Bar’s Real Property, Probate and Trust Law Section. Both sides hired powerful lobbyists to push their interests and hurled accusations about ulterior motives for their positions.

Roy Oppenheim, a South Florida real estate and foreclosure defense attorney and member of an opposition group called Florida Consumer Justice Advocates, said he’s already had discussions about challenging the law as unconstitutional and asking the courts to delay its implementation until it receives judicial review.

(more…)

Today’s Sun-Sentinel Florida Foreclosure Report , Roy Oppenheim Contributes to Story

Wednesday, June 16th, 2010

A Foreclosure Tsunami is overwhelming South Florida courts, writes Fort Lauderdale Sun-Sentinel reporter Harriet Johnson Brackey.

Florida real estate attorney and legal blogger Roy Oppenheim contributed to the report, which explains how a tenfold increase in foreclosure cases over the past five years is crippling the South Florida court system.

fl-foreclosure-court-060810b

According to Oppenheim Law, South Florida courts have turned to mediation, a process prior to foreclosure proceedings that gives homeowners and banks an opportunity to avoid a battle in court if an agreement on the future of the property and debt can be reached. The problem, though, is most homeowners are not aware they now have a right to mediation.

“Mediation makes all the difference in the world,” Oppenheim says. “There are so many opportunities to resolve matters in mediation, a lot of creative ways.”

Check out the entire Foreclosure Tsunami article in Oppenheim Law’s Newsroom to find out the state’s plan to eliminate half of the foreclosure backlog by the end of the year.


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