Bravo to Joe Nocera who writes the Talking Business column for The New York Times each Saturday. Today’s story Big Problem with Banks: Due Process is right on target according to Roy Oppenheim, foreclosure defense attorney with Oppenheim Law Here is an excerpt: It is absolutely true that the homeowners that Bank of America wants to foreclose on are in […]
Category: Bank Fraud
Hiring “Burger King kids” who barely knew what a mortgage was! This best describes the profile of a robo-signer according to a recent New York Times foreclosure article. But the tides are changing; instead of plowing through 70 foreclosure cases a day, judges are down to a mere 25 cases each day. Now maybe that the foreclosure monkey business is […]
Chicken Little, Chicken Little! The Foreclosures are all Fraudulent…The sky isn’t falling, but bank stocks are sliding
Bank stock prices start to react to the realization. Unlike Chicken Little, Oppenheim Law was right!
So why is Congress allowing the banks to do their own internal investigation?
The foreclosure “walk of shame” happens to the best of us; even the Mortgage Banker’s Association (MBA). When Roy Oppenheim received a call from the producers of The Daily Show with Jon Stewart; he knew this was not the typical call from a distressed homeowner facing foreclosure. This was about a topic Oppenheim had shared on his blog months ago. […]
It is not just the daily news, it is the hourly news. The Wall Street Journal and The New York Times are reporting multiple stories daily about the unfolding developments and ramifications of the recent suspensions by four major companies that service mortgages and how this crisis will undoubtedly slow the housing recovery. Roy Oppenheim wrote a letter to the […]
The F Words: Fraud and Foreclosure – Watch Roy Oppenheim’s Workshop Replay on Bank Fraud and Mortgage Foreclosure
Toxic and contaminated. You’d think we’re referring to an environmental wasteland. Instead these are the words Roy Oppenheim used to describe the state of the mortgage and foreclosure crisis in this week’s special workshop stamped: Toxic Foreclosures and Foreclosure Fraud. ‘Foreclosure Bill Blocked’ reads today’s Wall Street Journal headline. As Oppenheim suggested a few days ago, Obama today announced his […]
Last night was a truly special night. It may have been the highlight for me as a Dad! I was my daughter’s escort as she was a finalist for High School Homecoming Queen. The game was close for most of the night and down by a touchdown. It was late in the fourth quarter. And then the big play came […]