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Tag: wall street

Wall Street May Be Your New Landlord

Fri Dec 13, 2019 by on Banksters

wall street may be your new landlord

Homes being bought by landlords and flippers now account for more than 11% of U.S. home sales, the highest on record. Meanwhile, Wall Street is now trading billions of dollars’ worth of bonds backed by rental payments. The Great Recession Revisited I recall a time when I was growing up in the Bronx, in a rent stabilized apartment, that the […]

“A Retrospective From the Trenches of the Great Recession- What remains the same ten years later”

Zillow’s Home Value Index since 2009

Roy Oppenheim’s retrospection on the 10 year Anniversary of the Great Recession. Part two: The unchanged. I started a series of retrospective posts and videos to reflect upon the tenth-year anniversary of the Great Recession. The first post addressed the consequences of the economic collapse. This post discusses what remains the same after it, and in the next, and last […]

What Has Changed & What Hasn’t Changed During the 10-year Great Recession Anniversary

10 year great recession

  Roy Oppenheim Shares What Has Changed & What Hasn’t Changed During the 10-year Great Recession Anniversary Hi, Roy Oppenheim here, real estate attorney, foreclosure defense attorney, and legal blogger for the South Florida Law blog. Folks have been asking me recently what my thoughts are about the 10-year anniversary of the Great Recession and the foreclosure crisis. And I’ve […]

“Underwater” Homeowners Beware! The Ocean of Foreclosure Is Crawling with a New Breed of Sharks

Thu Dec 10, 2015 by on Florida Law News

If you thought that banks and the federal government were going to give up, think again. Let’s say you are a distressed homeowner. Let’s say you have a hefty mortgage. Let’s also say that you are working with your bank on a loan modification. The chances are that one fine day you might receive a letter from a new owner […]

Some habits are hard to break

Thu Jun 4, 2015 by on Florida Law News

We’ve all heard the old saying “once a cheater always a cheater.”  Now thanks to Wall Street we’ve been given a new variation: “once Wall Street, always Wall Street.” In other words; once you cause the largest financial crisis since the Great Depression due to bad behavior and wrongdoing, you will continue to engage in that bad behavior and wrongdoing […]

Bubble Bubble Froth and Trouble

Thu Feb 6, 2014 by on Florida Law News

Written by Roy Oppenheim for the South Florida Law Blog. As 2014 continues to move along, one disturbing trend on the horizon is the re-emergence of Wall Street’s presence into the residential housing market. This time however it’s a horse of a different color and it could mean trouble. During the last economic cycle, Wall Street provided easy money to […]

Eminent Domain: An unlikely hero for underwater housing communities

The following article was written in  Yahoo! Homes by  Roy Oppenheim, real estate and foreclosure defense attorney and republished in the  The South Florida Law Blog. Cities are turning to the concept of eminent domain to battle sinking property values and assist homeowners in distress. The desperate fight against the long foreclosure crisis plaguing working-class neighborhoods across the country may have found its […]

HSBC Too Big To Jail, Too Big To Nail

Sat Dec 15, 2012 by on Florida Law News

Roy Oppenheim’s commentary was originally published on Yahoo Homes! and is being republished on South Florida Law Blog with their permission. The banks are too big to jail. The Department of Justice, as much as they will try to tell you otherwise, believes it. When push came to shove, prosecutors did not have the stones to do what is right, […]