Wed Apr 25, 2012 by Oppenheim Law on Florida Law News & Foreclosure Defense
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 […]
Fri Apr 20, 2012 by Oppenheim Law 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 […]
Tue Apr 17, 2012 by Oppenheim Law on Florida Foreclosures & Short Sales
Maybe you weren’t convinced the first time I told you the era of the short sale was finally upon us. I can’t blame you for thinking that banks were acting irrationally when it comes to the foreclosure process. But Lender Processing Services just offered up the most convincing numbers to date that short sales are no longer just some pie-in-the-sky […]
Fri Apr 13, 2012 by Oppenheim Law 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 […]
Wed Apr 11, 2012 by Oppenheim Law 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 […]
Fri Apr 6, 2012 by Oppenheim Law 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 […]
Thu Apr 5, 2012 by Oppenheim Law on Florida Law News
Excuse me Jamie. Mr. Dimon, hello? Do you really still think we’re fools? How else can you explain your half-hearted apology over JP Morgan’s part in the robosigning scandal? The CEO of JP Morgan Chase made some efforts towards reconciliation in his annual letter to shareholders, which is now out for all to see. But it’s clear that Jamie Dimon […]
Tue Apr 3, 2012 by Oppenheim Law on Foreclosure Defense
Man I just love it when the banks eat their own! It’s even better when they start using MY arguments to do it. The very same arguments I’ve used to defend my clients. The essential problem is this, securitized trusts, the ones your homes were bought and sold into, weren’t always mortgage-backed! I’ve long had questions about the validity of […]
