Yearly Archives: 2009

Rewarding the Rascals: Banks and Mortgage Modifications

Everyone knows that hindsight is a wonderful thing. Now our friends at the Federal Reserve Bank of Boston have issued a voluminous study of mortgage modifications during 2008. Until October 2008, the financial crisis had not reached full bloom. However, the study is extremely insightful into the rational behavior of banks and why mortgage modifications, up until now, have been […]

White House is Prodding Mortgage Servicers to Modify More Loans

Mon Jul 13, 2009 by on Florida Foreclosures

It looks like mortgage servicers are going to woodshed for deliberately not modifying mortgages and allowing foreclosures to sore! its about time! Here is the letter that Treasury Secretary Timothy Geithner and Housing and Urban Development Secretary Shaun Donovan sent to 25 mortgage-servicing firms last week: “We are writing to you as a participant in the Administration’s Making Home Affordable […]

Roy Oppenheim Advises to Fight Foreclosure

Tue Jun 30, 2009 by on Florida Foreclosures

The Sarasota Herald-Tribune interviewed Roy Oppenheim, among other Florida foreclosure attorneys, for his opinion on what to do during the foreclosure process. The article advises homeowners to fight foreclosure and never just give-in to a foreclosure notice. Read on for the full article. Attorneys advise clients to stay in their homes By Todd Ruger Monday, June 29, 2009 SARASOTA COUNTY […]