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Tag: mortgages

Court ruling lets lenders bring stalled foreclosures 'back to life'

Tue Dec 6, 2016 by on Florida Law News

The following article was written by Paul Owers Sun Sentinel and republished in the South Florida Law and Legal Blog with excerpts and opinion from real estate defense attorney Roy Oppenheim, Oppenheim Law – Weston, FL Summary: The Florida Supreme Court has declared that where a first foreclosure lawsuit is dismissed voluntarily or involuntarily by the court, such dismissal  does not trigger the […]

Breaking News For Homeowners: The implications of the 5-Year-Statute-of-Limitations is in full effect

Tue May 26, 2015 by on Florida Law News

Homeowners Don’t Get Shut Out; Know Your Rights! The following segment was originally shown on “Investigations” by Tony Pipitone on NBC6. Roy Oppenheim, real estate defense attorney explains the complicated issues surrounding the 5-year-statute-of-limitations in foreclosure cases; for many, a housing dilemma that has become the focus of the entire country.   

Roy Oppenheim in the News: Five Years After Foreclosure, Some Keep Homes

Wed May 20, 2015 by on Florida Law News

The following segment was originally shown on “Investigations” by Tony Pipitone on NBC6. In an exclusive interview, Roy Oppenheim, real estate defense attorney explains the complicated issues surrounding the 5-year-statute-of-limitations in foreclosure cases; for many, a housing dilemma that has become the focus of the entire country. More than five years after Florida courts were inundated with foreclosure cases, some […]

United States Supreme Court Strays from the Pack with a Crucial Ruling for Borrowers

Thu Jan 22, 2015 by on Florida Law News

The Truth in Lending Act (TILA) gives home loan borrowers a three-day right to rescind, or cancel, a loan transaction. For these first three days, this right is unconditional, without any caveats. After the three days run out, there is a catch; the borrower has the right to rescind only if the lender has failed to satisfy TILA’s disclosure requirements. […]

Independence Day 'big win' for thousands of homeowner's with distressed mortgages

Mon Jul 7, 2014 by on Florida Law News

The following article was written in the Daily Business Review by Samantha Joseph with excerpts by Roy Oppenheim, Oppenheim Law.  A deadline for lenders to collect balances on distressed mortgages was a “big win” for thousands of homeowners. Florida’s Fair Foreclosure Act, which took effect July 1, 2013, gave lenders one year from the date of foreclosure to sue homeowners […]

Court tosses 5-year foreclosure limit

Tue Apr 29, 2014 by on Florida Law News

“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.”