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Monthly Archives: April 2012

Oppenheim Law: In The News

Fri Apr 27, 2012 by on Roy Oppenheim & Short Sales

Survey: Mortgage Foreclosure Scams Surge Not only is America’s foreclosure crisis still going strong, it now comes with even more fraud and deception. With heightened media coverage surrounding the recent national mortgage settlement and refinements to government assistance programs, experts say selling “the schtick” has only become easier for criminals. But there are red flags consumers can watch out for […]

What Did Chuck Coulson Think of Banks ‘Hatchet’ Job on Homeowners?

Last weekend Chuck Coulson, the man once called Richard Nixon’s ‘hatchet man”, passed away at the age of 80. Known both for his being one of the ‘Watergate Seven’ and his subsequent 2nd life as a born-again evangelist, I can only wonder what he thought of of our current foreclosure crisis. I don’t know if he ever gave it much […]

Schneiderman And Mortgage Fraud Task Force: Are We Being Hoodwinked?

Fri Apr 20, 2012 by on Florida Law News

  When President Obama stood before Congress and the American People three months ago and promised to hold those behind the housing crisis ‘accountable’, I was hopeful. In the days that followed, his new field general Eric Schneiderman was unveiled and almost immediately action was taken. When Schneiderman issued subpoenas, just days after the President appointed him to run his […]

Friday Round-Up; Foreclosures Up Again, DeMarco Dances With Reductions; Bank Of America Sues Itself

Fri Apr 13, 2012 by on Florida Foreclosures

Foreclosures, repos up from last year in South Florida I said after the foreclosure settlement was announced that banks had been given the green light to rev up their foreclosures engines, and in South Florida at least, I’m being proven right. RealtyTrac’s numbers from last month show dramatic year-over-year increases in both new foreclosure filings (85%) and repossessions (39%) in […]

Time To Break Up ‘Too Big To Fail’ Banks Is Now

Wed Apr 11, 2012 by on Florida Law News

“Let me be frank. Our banks earn profit too easily. Why? Because a small number of large banks have a monopoly.” Sounds like something I would have said. Or something our president SHOULD be saying. Except here’s the thing. The elected official quoted isn’t talking about our own corrupt banking system. The quote above came from the prime minister of […]

Friday Round-Up; Foreclosure Settlement Signed; Oversight Begins; Palm Beach Foreclosures Jump; Feds Offer REO Rental Rules

Fri Apr 6, 2012 by on Florida Law News

Judge Signs $25 Billion Foreclosure Settlement It’s finally official. The so-called $25 billion foreclosure settlement has been signed off by a federal judge. This comes after the settlement was filed in court last month. DC District Judge Rosemary Collyer did the honors Wednesday. I won’t rehash my thoughts about what’s good and what’s bad about this settlement. Everything that needs […]