Thu Mar 1, 2012 by Oppenheim Law on Short Sales
It’s a great time to do a short sale. Banks have finally realized they have much more to gain by agreeing to a short sale rather than allowing a home to go through foreclosure.Data released by RealtyTrac today shows pre-foreclosure sales, which are often short sales, were up 15% in the fourth quarter of 2011. It’s easier than ever before […]
Tue Feb 28, 2012 by Oppenheim Law on Bank Fraud, Florida Foreclosures & Florida Law News
In my last blog I railed against the Florida Fair Foreclosure Act, which is making its way rapidly through the Florida Senate as the session winds down. I said it’s being pushed by banking industry shills and should die a quick death. So of course it was passed by the Senate Banking and Insurance Committee by a 6-4 vote and […]
Fri Feb 24, 2012 by Oppenheim Law on Florida Foreclosures, Florida Law News, Foreclosure Defense & Foreclosure Fraud
Banks need to get their massive foreclosure backlog off the books. There are over 368,000 cases in Florida. I get that. Getting these properties into the hands of families who can afford them, that is what I want to see. It’s needed to jump start the economy, and no one wants to see the banks out of the neighborhoods more […]
Wed Feb 22, 2012 by Oppenheim Law on Foreclosure Defense & Foreclosure Fraud
Humpty Dumpty has had his great fall, thanks to an outstanding bankruptcy judge who has all but dismantled the Mortgage Electronic Registration System (MERS) thanks to his recent ruling. Last week New York Judge Robert Grossman ruled that all of MERS’ business practices are illegal. It’s a staggering blow to the banks and their endless efforts to circumvent due process. […]
Tue Feb 21, 2012 by Oppenheim Law on Bank Fraud, Foreclosure Defense & Roy Oppenheim
If there was anything positive that came out of the prolonged discussions between the states and the banks on the mortgage servicing settlement, it was that banks were reluctant to go full steam ahead in the foreclosure process while talks were ongoing. But even before the settlement was announced, we saw signs that pointed to more foreclosures in 2012. According […]
Thu Feb 16, 2012 by RoyOppenheim on Foreclosure Defense & Roy Oppenheim
The dust has finally settled on last week’s mortgage settlement. It dominated the news cycle once the details of the agreement broke. I spent the bulk of my day a week ago talking to the media and weighing in on it’s significance. But there is one clear question that I haven’t heard anyone been able to definitely answer yet. Has […]
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 […]
Mon Feb 6, 2012 by Oppenheim Law on Florida Law News, Florida Real Estate & Foreclosure Fraud
The clock may have run out on this year’s Super Bowl (Way to go Giants!!) but there’s still a few minutes left in this year’s REAL grudge match, the Banks vs. the Attorney Generals. It’s 4th and Inches, the score is tied, and it would be nice to avoid overtime. Today we could learn whether the much-discussed robo-signing settlement with […]
