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Monthly Archives: January 2010

Oppenheim Law Argues for “Meaningful Principal Reduction” in The Miami Herald

In case you didn’t hear, the Obama administration announced changes for requirements of paperwork and documents regarding the Making Home Affordable on Thursday, hoping to improve the success rate and communication between homeowners and lenders. While this bureaucratic decision may indeed help a few more modifications squeeze through the banks clenching hands, ultimately, the change that is needed for South […]

Subject: Will Haiti’s Horror Impact South Florida Real Estate?

Good Question! Let’s explore the possibilities. Real Estate Black Swan Arrives: Free Legal Foreclosure Workshop February 4 The attorneys at Oppenheim Law point to the crisis in Haiti as a “black swan event,” an occasion no one could have foreseen with drastic effects on the South Florida real estate landscape. Join Oppenheim Law at the next free legal real estate […]

Why Oppenheim Law Prefers Short Sales Over Florida Foreclosure

Some Florida attorneys and other experts sometimes seem to suggest there is no difference between having a Florida foreclosure or Florida short sale on your record or credit report and pose the question: “Why go through the hassle of a short sale?” The thought process might be technically correct, but only in a state described as a “non-recourse state.” Florida […]

Black Swan Haitian Crisis Will Likely Change South Florida Real Estate and Foreclosure

Haitian Crisis Will Likely Change Real Estate Market in South Florida At my most recent seminar last week I discussed the possibility of a Black Swan event occurring that would literally change the complexion of the South Florida real estate market. A Black Swan event is something that just can’t be anticipated. At that moment I gave as an example […]

Oppenheim Law on South Florida Mortgage Morals and Ethics: To Strategically Walk or Not?

NYT Magazine Writer Roger Lowenstein hits it on the head when he takes Mortgage Bankers to task, Plus why I believe MBA President John Courson is WRONG and CLUELESS Roger Lowenstein, an extremely well respected financial journalist took the trade association for mortgage bankers (the MBA) to task in Sunday’s New York Times Magazine for calling homeowners “immoral” who strategically […]

New Year: New Rules – Florida Supreme Court Requires Mediation in Foreclosure

Just as 2009 ended, the Florida Supreme Court announced a uniform procedure for all newly filed foreclosure cases for homestead properties. While the procedure is not yet fully in place, it should be shortly. The Court acknowledged the system is not working. Foreclosure filings are expected to reach 456,000 cases in Florida by the end of 2010, a 50% increase […]

Oppenheim Law Makes the National Law Journal List!

Who 
would ever have thought that WE…and that includes YOU… all my blog, Facebook and Twitter 
friends…. would become the 4th most important legal trend of the decade. Check out The National Law Journal’s excerpt on The 25 Legal Stories That Defined The Decade. Social Media was #4 and I shared my thoughts with The National Law Journal’s Tresa Baldis […]

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