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Yearly Archives: 2013

Senate passes bill speeding up foreclosure process

Tue May 7, 2013 by on Florida Law News

The original article was written by Adolfo Pesquera, Daily Business Review, May 6, 2013 with quotes from Roy Oppenheim republished in part in the South Florida Law Blog. The Florida Senate sent a mortgage foreclosure bill to the governor Friday with a goal of accelerating foreclosures. The Senate version was tabled Thursday in favor of Florida House Bill 87, which […]

Investors Fuel Home Buying Frenzy, Driving Prices Higher

Wed May 1, 2013 by on Florida Law News

The investors are coming. The investors are coming. Well, actually, they’re already here. But, unlike in the movie “The Russians are Coming” the investors are quite organized and helping to fuel the housing recovery. They have been sucking up inventory like blood-thirsty mosquitoes. Considering that investors and flippers were partly to blame for the housing bubble of the last decade, […]

Lucky few Floridians get $125,000 from foreclosure settlement, most to get $300

Wed Apr 17, 2013 by on Florida Law News

This article was originally written By Kimberly Miller for The Palm Beach Post and republished in South Florida Law Blog. The first wave of checks to 4.2 million borrowers, including hundreds of thousands in Florida, will go into the mail Friday, according to the Office of the Comptroller of the Currency and Board of Governors of the Federal Reserve System. […]

Letters

Tue Apr 9, 2013 by on Florida Law News

The following Letter originally ran in The Florida Bar News and has been republished in the South Florida Law Blog with permission. Foreclosure Legislation We write as members of The Florida Bar and in some cases as members of the Real Property, Probate and Trust Law Section to express our deep concern with the section’s support of Senate Bill 1666 […]

What are zombie titles?

Mon Apr 8, 2013 by on Florida Law News

Roy Oppenheim was quoted in the following article, which was originally posted on loans.org written by Rebekah Coleman and is being redistributed on the South Florida Law Blog with their permission. Zombie titles occur after a homeowner defaults, but when a lender never follows through with the foreclosure. Although a mortgage loan servicer may notify a borrower in default that […]