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Author: Oppenheim Law

Oppenheim Says: Don’t Give up on Miami, the Heat is on!

Orlando’s got the Florida real estate Magic and Miami has the Heat! Reports are in that Miami and Orlando are dragging Florida out of recession, but for now only Orlando is performing above its economic weight class. The Miami Herald reported this week that while Orlando represents just 14 percent of Florida’s 7.2 million-person workforce, it accounts for 46 percent […]

Watch us on CBS4 Tonight: Al Sunshine Reports on Florida’s Foreclosure Fiasco

Foreclosure or loan modification? Banks say foreclosure; homeowner says loan modification. CBS4 interviews foreclosure defense attorney Roy Oppenheim for the CBS Miami news broadcast tonight at 11:00 ET. Oppenheim, along with Chief Consumer Investigator and “4 Your Money” host Al Sunshine discuss the current Florida foreclosure crisis, focusing on why banks would rather foreclose on your home than consider a […]

REMICS – The New Vehicle for Banks to Defraud Taxpayers

Thu May 5, 2011 by on Florida Law News

As Florida real estate slowly pulls itself out of the foreclosure fraud files; there is finally a government agency standing up to the bully of banks! The IRS. Last week, Reuters News Service published an exclusive article exposing yet another way the banks have been defrauding taxpayers. This time it wasn’t directly through improper lending practices, robo-signing or bad assignments […]

Who gets the Golden Ticket? Charlie or the Banks?

Financial Times Headline: Caution urged on US bank foreclosure fines Who gets the golden ticket? We all remember the deserving Charlie Bucket inside the chocolate factory of the eccentric chocolatier, Willy Wonka. In the end, Charlie gets the Chocolate Factory and the golden ticket. This week’s Financial Times writer Tom Braithwaite reported a story: Caution urged on US bank foreclosure […]

Foreclosure Aid Makes Headlines, Roy Oppenheim Calls it No Quick Fix, Heartbreaking in Sun Sentinel Cover Story

Really just a band-aid, Florida’s Hardest Hit Program comes at a time of desperate resuscitation. With Florida’s $1 billion foreclosure prevention program just getting underway, South Florida counties lead the state in the amount of applications received, according to numbers released this week by Florida Housing officials. In the program’s first week, 9,439 homeowners across the state applied for funds […]

“Welfare for the Rich” – Matt Taibbi Exposes Disgusting Practices at the Federal Reserve

The question of the decade: Why isn’t Wall Street in jail? In a typical jaw-dropping article for Rolling Stone Magazine The Real Housewives of Wall Street, Matt Taibbi reveals the shocking practices of the Federal Reserve during the Great Recession. With the nation staggering, the Federal Reserve took it upon itself to lend trillions of dollars at nearly zero percent […]

Media Optimism. Spring Good Time to Buy and Sell Florida Real Estate

Will April flowers bring May showers for Florida real estate sales? While some U.S. economists are still singing doom and gloom when it comes to the real estate market, TODAY show contributor and real estate mogul Barbara Corcoran sees some positive signs for prospective buyers and sellers, South Florida Law Blog shares this optimistic outlook. During a recent appearance on […]

Shocker! The Federal Reserve Finds Widespread Problems at Mortgage Servicers

Sat Apr 23, 2011 by on Florida Law News

In a review of the largest mortgage servicers in the country, The Federal Reserve is finally getting a clue as to the shoddy lending practices that South Florida Law Blog has been discussing for years: ● Insufficient oversight, ● Poor corporate governance, ● Improper affidavit and notarization practices, and ● Poor quality control. While The Fed concedes this might have […]