Monthly Archives: July 2014

Dodd-Frank Stalls Home Seller-Financing

Thu Jul 17, 2014 by on Florida Law News

The Dodd-Frank Wall Street Reform and Consumer Protection Act (or simply “Dodd-Frank”) was passed in 2010.  The passage of this Act was in effort to prevent the recurrence of the events that caused the 2008 financial crisis. The act also implements regulations that ultimately seek to create a greater certainty that borrowers can repay their home loans. The new Consumer […]

Independence Day 'big win' for thousands of homeowner's with distressed mortgages

Mon Jul 7, 2014 by on Florida Law News

The following article was written in the Daily Business Review by Samantha Joseph with excerpts by Roy Oppenheim, Oppenheim Law.  A deadline for lenders to collect balances on distressed mortgages was a “big win” for thousands of homeowners. Florida’s Fair Foreclosure Act, which took effect July 1, 2013, gave lenders one year from the date of foreclosure to sue homeowners […]