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Category: Bank Fraud

Robo Signers Celebrate One Year Anniversary and Roy Oppenheim Looks for Foreclosure Off Ramp

This is the anniversary no one wants to celebrate. “We’re hitting the one-year anniversary of the robo-signing crisis,” noted Roy Oppenheim, Florida foreclosure defense attorney. “The banks said it would take 60 days to fix. It didn’t take 60 days. It’s been over a year.” A recent article in the Daily Business Review highlights October as the anniversary month when […]

Robo-Signing Returns, Raising Eyebrows and Acid Reflux

Oppenheim Law would never accuse the banks of committing fraud, perjury, impersonation, notary fraud, contempt of court, lying, violating Constitutional protections, or being tax cheats. Nevertheless, we do make this advisory: Be careful of what you sign. Why? As soon as you think the coast is clear, it’s the return of the robo-signers. Suspected robo-signed documents are cropping up again […]

The Good, The Bad, The Ugly (Again): Miami Rebounds, Foreclosures Stall and Housing Prices Sink

The good: All we can say is, you never know! When the real estate market collapsed, Miami’s downtown epitomized the worst excesses of the building boom. Glittering new towers sat mostly vacant. Today Miami’s downtown real estate is booming and bustling with life and commerce thanks to foreign investors and renters. A report by the Miami Downtown Development Authority indicates […]

Beyond Florida Real Estate: Are Bankers the New Mobsters?

Wall Street corruption blurs the lines between good guys and bad guys as this week’s headlines bubble to the top. Unbelievably guilty in the court of public opinion. Now ultimately guilty in a court of law. The conviction of Galleon hedge fund billionaire Raj Rajaratnam on all 14 counts of conspiracy and securities fraud is a prime example of rampant […]

Poor Wall Street: Everyone Is Picking On Them

Who would ever have thought that the most respected names on Wall Street would cheat the house by playing with a marked deck? Dear Wall Street: We’re not in Vegas anymore! The Sin City “players” of Wall Street might be trading in the fancy hotel rooms for prison cells. The SEC is now following the Federal Reserve and the Senate […]

The Stunning Hypocrisy In Foreclosures: Scott Pelley Interviews Robo-Signers

In an eye-opening piece by 60 Minutes this week, Scott Pelley managed to actually interview robo-signers who had forged documents that allowed banks to foreclose on thousands of homes illegally. As we have discussed over the past few years, these document mills re-created the necessary documents that banks were too lazy to keep track of in the heyday of the […]

Hippos, Hyenas and Foreclosure Mills? Banks and Lawyers Turn on Each Other

What do hyenas, wolves and hippos have in common with foreclosure mills? Upon learning this week that David Stern’s foreclosure mill decided to sue GMAC as well as some other former clients, the only fitting analogy for such backlash and conduct would be to compare it to species known for eating their young. In fact, it’s not just Stern’s office […]

Top 2010 Foreclosure Headlines from South Florida Law Blog

As we approach the close of one of the most historical years in Florida real estate, the South Florida Law Blog wants to thank all of you for supporting our efforts throughout the year. In case you missed some posts, we are highlighting some of the interesting twists and turns the past year has delivered from “what to tell your […]