As many of you know, we at Oppenheim Law were invited to submit a friend of the court brief in the Supreme Court case of Mary Ann Glass v. Nationstar Mortgage in which the issue before the Court was whether a borrower in a foreclosure action is entitled to attorneys’ fees when the borrower successfully disputed the bank’s standing to […]
Another Power Play for the Multi-Billion Dollar Banking Industry. The United States Supreme Court has now rendered a unanimous decision in the case of Obduskey v. McCarthy & Holthus, LLP, finding that law firms who enforce a security interest such as a mortgage (as opposed to directly collecting a debt) are not debt collectors under the Fair Debt Collection Practices […]
While I would be the last person to want to be called “Chicken Little,” it is still important that I continue to serve as a messenger for the disparate factual analysis that indicates that the real estate market is clearly slowing and that may well be a harbinger for the entire economy. In fact, just yesterday, the Federal Reserve announced […]
What Were They Thinking? Front and center is the sweeping college admission fraud investigations where celebrity arrests have been made as a result of accusations that bribes were given by parents to have their children be accepted for admission to prestigious colleges. Bribes were made for increased test scores, doctoring of athletic achievements, and payments to coaches and/or administrators to […]
Daylight Saving Time: Helpful or Hurtful? This past Sunday, we changed our clocks ahead one hour to “spring forward” to daylight. Daylight saving time was enacted in the United States after WW1 partially to conserve energy. Back then, incandescent bulbs used a lot of energy, and moving the work day into the day time was thought to be a good […]
Strike a Pose While we all try to look our best for photos, real estate listing photos are not only accentuating property but are incorporating computer-generated imagery. Although at one time real estate was staged so that the properties looked decluttered and presentable, photos are more important than ever. It is reported that home searches begin online and many deals, […]
The Housing Bubble A historical fact: The United States has had eleven recessions since World War II. While pessimistic economic pundits are already forecasting that we are heading towards another recession, the true issue is whether housing ever truly recovered from the last recession of 2007-2009. Interesting, while the New York Times indicated that housing only accounts for three percent […]
With the recent news that Amazon cancelled its plan to build its new campus in New York City, and the most recent announcement that Amazon does not intend to reopen its search at the current time, we are all most of us wondering where Amazon will eventually choose its second headquarters. In fact, ads have appeared attempting to lure Amazon […]