Florida homeowners who skipped their mortgage payments due to the pandemic are now going to have to resume their payments, as forbearance periods have limits which can range up to eighteen months. While some homeowners may be able to restructure their mortgage loans or move the payments not made to the end of their loans, there still remain homeowners who […]
“I believe it’ll be fair if they prevail the bank gets fees, or if we prevail we get fees. That’s the way it should be. I think this is how the legislature wanted it, and this is how the Fourth DCA is now going to rule. It’s clear that everyone is going to follow the path here of what is […]
In 2021, more Americans have taken cash from cash-out refis than any time since the Financial Crisis of 2008. U.S. homeowners cashed out a record $152.7 billion in home equity last year, up from 42% since 2019 and the most since 2007, according to mortgage giant Freddie Mac. Why the uptick? The pandemic has certainly brought challenges to us all. […]
The COVID-19 pandemic has created two distinct real estate market forces. One involves what will happen once the mortgage forbearance relief programs end while the other involves the current housing boom. While no one can negate the seriousness of the pandemic, there are those that liken the real estate market as “A Tale of Two Cities”: for as many of […]
Originally posted on dbr DAILY BUSINESS REVIEW by Rachel Lean A longstanding dispute over whether homeowners should be able to collect attorney fees after defeating a foreclosure lawsuit with a lack of standing defense has finally been resolved at the Florida Supreme Court. It’s a ruling that opens the door for countless Florida homeowners to recover legal fees from banks and lenders who sued them and […]
Article Originally posted on (L to R) Ashley Moody Florida attorney general, Bruce Jacobs, Jacobs Legal and Roy Oppenheim Oppenheim Law (Photos: J. Albert Diaz/ALM, Courtesy Photo) Lawyers who litigated against the company in separate cases criticized the agreement as weak. “While residential foreclosures are at a temporary lull due to federal moratoriums, these moratoriums, just like Florida’s, will come to […]
Loss Mitigation Strategies – Lessons Learned from the Last Economic Crisis Description Zoom in at Noon with Roy Oppenheim: Discussions on loan modifications, short sales and foreclosure defense strategies. >REGISTER HERE< Register by Tuesday September 22nd, 2020 12:00 PM. You’ll receive a confirmation email with a unique link to join the session. Click “Add to calendar” to ensure you don’t […]
Foreclosures, Evictions, Moratorium Oh My Description What are your options in the age of Covid-19 ? Zoom in at Noon with Roy Oppenheim: Pick up where we left off from last week, now with moratorium issues along with evictions and foreclosures during the coronavirus pandemic. Is anyone safe from evictions and foreclosures? If so, who? Find out in the latest […]