Wed Mar 21, 2012 by Oppenheim Law on Foreclosure Fraud
Over a year ago I felt compelled to call out The Wall Street Journal after a particular column really got under my skin. It’s time to call them out once more. Not for another column, but rather, a lack of one. In October 2010 their column “The Politics of Foreclosure” made light of the plight many of my clients have […]
Fri Mar 16, 2012 by Oppenheim Law on Foreclosure Fraud
Clerks of court warn budget cuts will delay filings Just as I had predicted (and feared) now that the Florida legislature has passed a 7% budget cut to the state’s Clerk of Courts, officials from those offices are already warning of a major slowdown at courthouses across the state. Case filings may now take weeks instead of days. Hearings may […]
Fri Mar 9, 2012 by Oppenheim Law on Florida Law News
Bank of America to Reduce Principal For 200,000 Underwater Homeowners First some good news, if you’ve got an underwater mortgage owned by Bank of America. BofA has come to a separate agreement with the US government to to help reduce some the fines it owes to the Housing and Urban Development Agency from last month’s huge settlement. Bank of America […]
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 […]
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 […]
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 […]
