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Category: Florida Real Estate

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 […]

Broward County Order Gives Homeowners Short End of the Stick… Again

Broward County homeowners now face an additional hurdle when trying to complete a loan modification or short sale to avoid a Florida foreclosure. In Sun-Sentinel reporter Paul Owers’ blog House Keys, Owers discusses the ramifications of Broward County now requiring 10 days’ notice to cancel residential foreclosure auctions according to an administrative order signed by Broward Chief Judge Victor Tobin. […]

Oppenheim Law Round up: Debtors’ Prisons, Bank Settlements and Florida’s Nuclear Plants

Could you end up in jail for not paying your bills? Is our country’s need for speed going to derail efforts to end improper loan-servicing and foreclosure practices? How do Florida’s nuclear power plants compare to those in Japan? Those are just some of the questions being asked this week from top tier business and real estate reporters around the […]

Roy Oppenheim on Real Estate Game Changers: Earthquakes, Tsunamis, Oil Prices

For five years I’ve discussed the inevitability of Black Swan events that change everything overnight – game changers. Certainly, the earthquake in Japan and the subsequent rash of Tsunamis are reminders of that phenomenon as is the ongoing escalated strife and instability in the Middle East. Not only have oil prices shot up, we now face a whole new set […]

Workshop Replay: Goodbye Yellow Brick Road – No more Fannie Mae and Freddie Mac

Why isn’t Wall Street in Jail? Is our government a giant Ponzi scheme? These are the questions Roy Oppenheim asked during Wednesday night’s Short Sale and Foreclosure Defense seminar. During the webcast, Oppenheim discusses how with the departure of Fannie Mae and Freddie Mac also goes the traditional 30-year mortgage, paving the way for a new 20-year mortgage, higher interest […]

Double Dip Recession? Why Not Bet on the Trifecta?

Oppenheim Law tells all at 6 pm tonight with perspective on the state of Florida Real Estate via a free Webcast or be part of a live audience in Boca Raton.   Homeownership will no longer define the American Dream. That’s because 30-year, fixed–mortgage loans that we’ve known since the 1950s may become a luxury if the federal government tightens […]

Goodbye Yellow Brick Road…Goodbye 30-Year Mortgages?

The American Dream as we know it is being redefined for Florida real estate and the nation. Elton John’s famous song Goodbye Yellow Brick Road reminds us that homeownership will no longer define the American Dream and the Yellow Brick Road really leads to no where (just like in Oz). So the tune Goodbye Yellow Brick Road is sounding the […]

Real Estate Madness: Madoff Burns Banks and Brands Government

Is the whole government a Ponzi scheme? Bernie Madoff thinks so and who would know better than the master manipulator himself? When the greatest financial criminal in history calls collect, you listen. The result? A fascinating feature by New York Magazine writer Steve Fishman exploring Bernie Madoff’s brazen plan, subsequent panic and tumultuous downfall. Perhaps most interesting is Madoff’s assertion […]