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Monthly Archives: October 2009

Goldilocks and the Three Bears: Here We Go Again “The New Normal: Foreclosures Not Abating Until 2013

After reviewing the recent numbers for 2009 published by RealtyTrac, nothing is “just right” and won’t be for some time. With foreclosures on the rise in 2009, the new “three bears” to hit the market have nearly doubled the number of foreclosures this year, and the trend will not be ending anytime soon. The highest growth in the foreclosure market […]

Roy Oppenheim Comments on Florida Supreme Court’s Report, You Can Too!

You can make a difference! Take action and make your comments to this report that can be found at http://www.floridasupremecourt.org/pub_info/foreclosure.shtml Comments must be submitted on or before October 15,2009 to e-file@flcourts.org Or you can read Roy Oppenheim and the law firm of Oppenheim Law’s comments concerning the mortgage foreclosure crisis. Below is a copy of the official comments from Roy […]

Sun Sentinel Publishes Roy Oppenheim's Op-Ed

Tue Oct 13, 2009 by on Florida Law News

Refusing to let banks and lenders continue to steamroll homeowners and their rights, I recently submitted an Opinion Editorial to the Sun-Sentinel describing the consequences the State of Florida is facing if it continues to allow deficiency judgments on foreclosed properties. My article was published in the paper’s Sunday Outlook section. Here’s a summary of why I believe the United […]

The New Normal… NYT Reports: Expect Four Million More Foreclosures Despite Obama’s Mortgage Modification Policy

In today’s New York Times (10/9/09) the lead story in the Business section is: “In Trial Phase, Mortgage Bills Fall for 500,000. Is that supposed to be good news or news at all? I am not sure. I guess it depends on whether you think the glass is half full or half empty. The reality is that by now the […]

Florida Court of Appeals Tells Judges: Stop Being Compassionate

As discussed today in the Daily Business Review (see article below), the Third District Court of Appeals criticized a Miami Dade circuit judge for extending a foreclosure by one month. In essence, the Court reversed the judge’s opinion by stating that a courtroom is no place for compassion! While it is inappropriate for an attorney to criticize the appellate court […]

SFBJ: Mixed Reviews for Loan Modification Plan

My good friend, Julie Kay, recently wrote a South Florida Business Journal story on the mixed reviews for the government’s Home Affordable Modification Program, or HAMP, as legislators like to call it. According to the article, HAMP is part of the U.S. Treasury’s Home Affordability & Stability Plan to save 3 million to 4 million homes from foreclosure. So far, […]