Fri Aug 4, 2017 by Oppenheim Law on Florida Law News
The $400 Trillion Question: What Will Replace Interest Rate Benchmark LIBOR? The LIBOR (London Interbank Offered Rate), used as an interest rate benchmark for nearly $400 trillion in assets ranging from student loans to mortgages, now has its execution date scheduled for 2021. With its replacement all but certain, it is understandably causing some concern as to how this will […]
Wed Jul 26, 2017 by Oppenheim Law on Florida Law News
WESTON, FL (PRWEB) JULY 26, 2017 Roy Oppenheim, senior partner of Oppenheim Law and Vice-President of Weston Title & Escrow, Inc., has recently been appointed as a title insurance agent in the State of New York. With over thirty years of real estate experience, Oppenheim will provide title insurance services through New York Title Research Corp. in New York State. “We […]
Mon Jul 24, 2017 by Oppenheim Law on Florida Law News & Loan Modification
Shoddy Paperwork Haunts Private Student Loan Lenders In a not-so-surprising development, the shoddy transfer paperwork that has consistently dogged lenders in the mortgage foreclosure space is now rearing its head in the debt collection arena — largely in the area of private student loan debt. At Oppenheim Law, during the foreclosure crisis, we consistently saw mortgage lenders unable to […]
Wed Jul 19, 2017 by Oppenheim Law on Florida Real Estate
Adjustable-rate Mortgages: The New Millennial Trend? In a previous video blog, we discussed crucial differences and considerations when it comes to choosing an Adjustable-Rate-Mortgage (ARM) versus a fixed-rate mortgage. A recent article from The Wall Street Journal shed some light on how Millennials are progressively opting for ARMs as opposed to the standard fixed-rate mortgages. While ARMs account for less […]
Fri Jul 14, 2017 by Oppenheim Law on Florida Real Estate
Amazon Stirs Controversy With “Hire a Realtor” Feature Fresh off Amazon’s “biggest day ever” for their third annual Prime Day event, shoppers may have seen a peek of a “Hire a Realtor” page on Amazon’s website. While Amazon has since removed the page for unknown reasons, it has caused a rattling in the real estate world as many try to […]
Wed Jun 28, 2017 by Oppenheim Law on Florida Law News
Wells Fargo is at it again… A scandal-plagued Wells Fargo has found itself in the midst of a new controversy involving “stealth” modifications of consumers’ mortgages while they are in bankruptcy. According to The New York Times, a class action and other lawsuits have been filed against Wells Fargo alleging that since 2015, Wells Fargo has been making unauthorized charges […]
Wed Jun 21, 2017 by Oppenheim Law on Florida Law News
The Federal Reserve has put on its hiking boots. Last week, the Federal Reserve hiked its benchmark interest rates. Homeowners and prospective buyers alike are rightfully alarmed about what the increased interest rates could signal for the housing market. Since the great recession back in 2007, homeowners enjoyed relatively lower interest rates as the federal government attempted to rebuild […]
Tue Jun 20, 2017 by Oppenheim Law on Florida Law News
Years after its inception, Zillow became a household name for people who wanted to purchase or sell their homes quickly without a realtor. By providing an online database of available homes for sale using “Zestimates” for the properties, Zillow gave the general public an easy-to-use format to calculate home values. Although there has been speculation as to whether Zillow will […]
