South Florida Law Blog

Taking a cue from Oppenheim Law, the Obama Administration is mulling over plans to reduce the number of foreclosed homes on the market by renting them out, according to the Wall Street Journal. As the large inventory of distressed homes on the market continues to push a reduction in home prices as well as an increase in rental prices, the […]

What does the digital future of foreclosures look like with social networks like Facebook? Oppenheim Law explores how living in a gated community or hanging out on Facebook may impact the foreclosure process. In the never-ending battle by the banks to make things just a little easier for them, courts in Australia began to authorize banks to serve foreclosure proceedings […]

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 double dip makes its way to Florida in a new shape and size. Without miracle jobs numbers, the expiration of emergency benefits is leading to a double dip in the Florida housing market. Meager gains of the market will be washed out by the next tidal wave of foreclosures and only a surge in new construction can save us, […]

The government is underwater, just like so many homeowners. As the political negotiations on raising the debt ceiling draw closer to the August 2nd deadline, several visionaries in the House of Representatives have suggested that the Federal Government get on board with the rising trend and strategically default. While such a move is unthinkable for some in Washington and Wall […]

Attorney Roy Oppenheim’s Summer School is in session with a special focus on Florida foreclosure defense strategies including today’s topic: How to avoid a Florida Deficiency Judgement. Oppenheim Law wants to help “bullet-proof” Florida homeowners against the banks; helping them understand the difference between a deficiency and a deficiency judgement. A deficiency is when the bank forecloses on your house […]

There are quite a few people who advocate principal reduction as the best way to get out of the housing crisis. Their arguments were succinctly laid out and analyzed in an Atlanta Federal Reserve white paper. Advocates of such a policy argue that it would be cheaper for banks to reduce the principal of a loan to the current value […]

Three cheers for Sheila Bair, the former head of the FDIC and a true advocate for the little guy, who resigned this week on July 8th. She fought for what is right for the homeowner, the depositor and the taxpayer. Shelia was probably the only person in the Obama administration who really “got it.” As a financial regulator, she understood […]