If you thought that banks and the federal government were going to give up, think again. Let’s say you are a distressed homeowner. Let’s say you have a hefty mortgage. Let’s also say that you are working with your bank on a loan modification. The chances are that one fine day you might receive a letter from a new owner […]
Category: Florida Law News
Edition: FINAL Section: BUSINESS Page: 11BM Estimated printed pages: 4 Article Text: CAN two ambitious young lawyers from leading Miami law firms find small-firm happiness — and big-firm profits — in a two-lawyer practice in suburban Broward County? For Roy Oppenheim, 32, and Ellen Pilelsky Oppenheim, 30, the answer appears to be yes. Founded by the husbandCOUPLE FINDS HAPPINESS OFF […]
Every year just before Thanksgiving, as many as you know, I like to share some personal thoughts about the Thanksgiving holiday. It is, after all, a holiday I am most fond of for many reasons; but the reason that stands out year after year is that regardless of your ethnic background, your race, your economic position in life or […]
I always tell my clients not to be oversold on a particular legal argument, in other words not to drink their own “Kool-Aid.” The Bartram oral arguments have shown me very clearly that the banks are drinking their own “Kool-Aid.” They are trying to convince the Florida Supreme Court that there should be an unlimited amount of time (statute of […]
Florida Attorneys Expose How Improper Influence From the Financial Industry has Contributed to the Destruction of the Negotiability of Mortgage Promissory Notes
WESTON, FL (PRWEB) OCTOBER 20, 2015 – Press Release As the nation begins to heal from the past few years of financial turmoil, Florida foreclosure defense team Roy Oppenheim and Jacquelyn Trask-Rahn expose the effect the “negotiability” of Fannie Mae and Freddie Mac promissory notes had on the market crash in The Emperor’s New Clothes: How the Judicial System, Financial […]
Written by Samantha Joseph, Daily Business Review. Kenneth Welt, senior U.S. bankruptcy trustee for the Southern District of Florida, said strong demand is gobbling up the inventory of distressed real estate sold through a pilot program designed to bypass foreclosure.
As a nation, we have seen firsthand the catastrophic effects of improper mortgage disclosures on the real estate market. While the recovery from the 2008 financial crisis has certainly been more of a marathon than a sprint, the new Consumer Financial Protection Bureau’s TILA-RESPA Integrated Disclosures (TRID) may bring recovery to a standstill.