Monthly Archives: March 2009

South Florida Mortgage Rates Looking Up!

Fri Mar 27, 2009 by on Florida Law News

While I have been so busy in court defending foreclosures I hardly took notice that our staff at Weston Title have been getting busy! We have now more South Florida real estate closings in the office than we have had in at least 6 months! In fact, the Wall Street Journal reported that 18 percent of all U.S. households will […]

Biz Journal Covers Short Sales and Foreclosure Ammunition

Thu Mar 26, 2009 by on Florida Foreclosures

On the brink of the relieving statistics about South Florida home sales, we are pleased to share with you the recent news of how Oppenheim Pilelsky P.A. continues to help local residents fend off foreclosure. As we have discussed before, there are several options available when facing foreclosure including: short sales, mortgage modification, deed-in-lieu, and bankruptcy. This week’s South Florida […]

Roy Oppenheim's Video Pick of the Week

Fri Mar 20, 2009 by on Florida Law News

My associate, Geoff Sherman, received from a friend a great online video describing how we got into this foreclosure/ financial crisis in a short cartoon. The producer, Jonathan Jarvis, prepared this video as part of his graduate thesis in the Media Design Program at the Art Center College of Design in Pasadena, California. The key here is, he took a […]

Fighting Foreclosures in South Florida: Ch 7 News

Thu Mar 19, 2009 by on Florida Foreclosures

Considering South Florida has one of the highest foreclosure rates in the country, it isn’t surprising that the media is looking for expert legal advice on how to fight foreclosure and defend local homeowners. I recently shared with Channel 7’s Reporter Andre Hepkins about what options homeowners have to defend the foreclosure process and reinforce that there is hope in […]

The Tipping Point: Rebirth of HOLC?

Wed Mar 11, 2009 by on Florida Foreclosures

As the economy continues to worsen and confidence generally erodes as reflected in part by the Dow Jones Index dropping 25 percent since the beginning of 2009, the question arises: is there indeed a magic bullet to turn the world economy around? Some have suggested that Wall Street’s exportation of toxic mortgage-backed securities to investors throughout the world was “evil […]

Foreclosures Defense Close-Up: Ponzi Nation or Musical Chairs?

Tue Mar 3, 2009 by on Florida Foreclosures

Sharing my thoughts on Florida foreclosures yesterday with the NBC Nightly News team really brought back some past real estate scenarios. Long before the Florida foreclosure meltdown and “double sold mortgage” became a widely used term, I represented a commercial pilot for a major airline who owned real estate in the Florida Keys. This client had a great house but […]