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Author: Oppenheim Law

Millennials: Trade your Student Loans for a Mortgage.

Millennials: Trade your Student Loans for a Mortgage. As we noted in an earlier blog, it’s no secret that mounting student loans have made it difficult for Millennials to buy homes. Eagle Home Mortgage, the lending arm of South Florida’s largest homebuilder, Lennar Corp., is proposing a new solution to try and remove this common financial obstacle. Lennar Corp recently […]

Nationstar Rebrands as Mr. Cooper, but Can a Leopard Change its Spots?

Mon Sep 25, 2017 by on Florida Law News

You may have noticed that Nationstar is no more.  After several years of transitioning, Nationstar has officially renamed itself “Mr. Cooper.” Why the new name? According to CEO Jay Bray, it’s all part of a “cultural shift” to improve the experience for customers, as Bray’s mission is to be the leader in service. Time to Rebrand The former Nationstar has […]

Bank of America: Illegal Foreclosure and Harassment Lead to $6M Settlement

Tue Sep 19, 2017 by on Foreclosure Fraud

bank-of-america-settlement

The following is not a reality show; rather, it is a true story that highlights the worst of the financial crisis. Erik and Renee Sundquist reached a settlement with Bank of America where the bank has agreed to pay them $6 million after eight grueling years of foreclosure.  The Sundquist family endured a stress-induced heart attack and a suicide attempt, […]

Oppenheim Law Update After Hurricane Irma

Thu Sep 14, 2017 by on Florida Law News

Dear Friends and Colleagues, On behalf of the Firm, we hope that you and your loved ones are safe and well following the catastrophic impact of Hurricane Irma.  Fortunately, our office did not get the brunt of Hurricane Irma, but we know that many fared much worse than us. We cannot even begin to imagine what you must be going […]

Officials Not Allowing Counterfeit Eyewear Scams Overshadow the 2017 Solar Eclipse

Fri Aug 18, 2017 by on Florida Law News

Officials Not Allowing Counterfeit Eyewear Scams Overshadow the 2017 Solar Eclipse

“Eclipsed” by the Law As the rest of the country eagerly awaits the first total solar eclipse since 1979 on Monday, August 21, South Floridians are looking forward to our own view of a partial 2017 solar eclipse — (about 75%). This magnificent event is causing a craze among stargazers, due to the fact that the next total solar eclipse […]

Trillions of Assets are at Stake With the 2021 LIBOR Deadline

Fri Aug 4, 2017 by on Florida Law News

LIBOR being phased out by 2021

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 […]