Thu Apr 5, 2012 by Oppenheim Law on Florida Law News
Excuse me Jamie. Mr. Dimon, hello? Do you really still think we’re fools? How else can you explain your half-hearted apology over JP Morgan’s part in the robosigning scandal? The CEO of JP Morgan Chase made some efforts towards reconciliation in his annual letter to shareholders, which is now out for all to see. But it’s clear that Jamie Dimon […]
Tue Apr 3, 2012 by Oppenheim Law on Foreclosure Defense
Man I just love it when the banks eat their own! It’s even better when they start using MY arguments to do it. The very same arguments I’ve used to defend my clients. The essential problem is this, securitized trusts, the ones your homes were bought and sold into, weren’t always mortgage-backed! I’ve long had questions about the validity of […]
Sat Mar 31, 2012 by Oppenheim Law on Florida Law News, Foreclosure Defense & Short Sales
Bill extends Mortgage Debt Relief Act of 2007 I warned you earlier this month that if you’re considering a short sale, the time to get the ball rolling is now. That’s because the Mortgage Debt Relief Act, which was passed in 2007, is set to expire at the end of this year. If that happens you’ll have to pay taxes […]
Thu Mar 29, 2012 by Oppenheim Law on Florida Law News
Too Big To Fail used to be a joke. It became an insult hurled by Occupy Wall Street or the Tea Party at the big banks, but that’s all it was. It was never an expression that had any legitimacy. It was just a nice little way for the media to classify the banking industry in a ready-made slogan. Guess […]
Mon Mar 26, 2012 by Oppenheim Law on Florida Law News
Could Fannie Mae and Freddie Mac finally be willing to sign off on principal reduction as a way to keep homeowners out of foreclosure and in their homes? Edward DeMarco, the acting head of the Federal Housing Finance Agency and de facto leader of the two GSEs has been steadfast in his opposition. President Obama has made principal reduction priority […]
Fri Mar 23, 2012 by Oppenheim Law on Florida Law News
Banking officials, as a general rule, are old school. They are very resistant to change, and usually refuse to think outside of the box. Over the years I’ve seen the banks hold little to no regard for the customers they serve. Their philosophy has essentially been ‘You can’t pay your mortgage, then out on your butt you go!’ Forget that […]
Wed Mar 21, 2012 by Oppenheim Law on Foreclosure Fraud
Over a year ago I felt compelled to call out The Wall Street Journal after a particular column really got under my skin. It’s time to call them out once more. Not for another column, but rather, a lack of one. In October 2010 their column “The Politics of Foreclosure” made light of the plight many of my clients have […]
Fri Mar 16, 2012 by Oppenheim Law on Foreclosure Fraud
Clerks of court warn budget cuts will delay filings Just as I had predicted (and feared) now that the Florida legislature has passed a 7% budget cut to the state’s Clerk of Courts, officials from those offices are already warning of a major slowdown at courthouses across the state. Case filings may now take weeks instead of days. Hearings may […]
