South Florida Law Blog

Starting today banks have less than 30 days to file suit against homeowners for deficiency judgments if the foreclosure judgement was entered any time before June 30, 2013. If the banks miss the deadline, the banks’ rights to continue with a deficiency for these older cases is over. After July 1, 2014 if one is foreclosed upon, in Florida, the […]

“I understand they don’t like the idea that people can end up with free houses but this undermines and defies the purpose of a statute of limitations,” said foreclosure defense attorney Roy Oppenheim, who is fighting a high-profile foreclosure deadline case in Boca Raton in which homeowners stand to win a multimillion-dollar waterfront mansion. “This is going to create a bizarre and unintended set of circumstances.”

  Traditional migration, which slowed to a crawl and actually briefly reversed itself during the Great Recession, will pick up again, with Baby Boomers moving from up North to Florida. In fact, sometime in the next few months, Florida’s population will eclipse that of New York. I recall, back in 1987 when I arrived in Florida, that possibility seemed improbable. […]

The following article was originally published in the Daily Business Review by Adolfo Pesquera and has been republished in the South Florida Law Blog with excerpts from foreclosure defense attorney Roy Oppenheim.  A few good men and women last week enjoyed a lively conference in a mock courtroom to discuss the state of residential homeowners and foreclosure law in Florida. Tougher standards for getting […]

The original article was written by Bibeka Shrestha for Law360 with quotes from Roy Oppenheim republished  in the South Florida Law Blog.  JPMorgan Chase NA and Assurant Inc.’s $300 million settlement of a class action claiming they profited handsomely from high rates on forced-placed insurance policies will energize plaintiffs to pursue similar blockbuster deals at a time attorneys say force-placed actions are ripe for resolution. […]

The following article has been written by Roy Oppenheim for the South Florida Law Blog. For many homeowners the last few years have been like a trip on the Titanic. Rough economic seas sent thousands of homes underwater. Many have since sunk; but others who have managed to hold on are hoping for a happier ending than those who found […]

A Two-Pronged Loan Modification Analysis A loan modification can be a ray of sunshine on a cloudy day for many homeowners facing foreclosure; especially when this year’s statistics show that homeowners are increasingly receiving loan modifications from their respective lenders. Although this is great news, it’s not much help unless you know how to make the loan modification work in […]

It’s Christmas in September! FHA Gifts Prior Offending Homeowners a Shortened Wait to Purchase Another Home