South Florida Law Blog

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 […]

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 […]

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 […]

Accountability? In an era in which almost every bank on Wall Street was entangled in financial scandal, millions of Americans are left in an impoverished hole and billions of dollars in wealth has been destroyed, no one has been held accountable. Considering these circumstances, Rolling Stone Magazine Writer Matt Taibbi begs the question, “Why isn’t Wall Street in Jail?” Today’s […]

Join Florida Foreclosure Defense and Short Sale Attorney Roy Oppenheim March 9th at 6 PM. “Not a single financial executive has gone to jail”…that is how Producer Charles Ferguson rocked the Oscars by starting his acceptance speech for winning best feature documentary for “Inside Job,” a film about the 2008 financial system meltdown. How appropriate. Meanwhile, Florida real estate is […]

As we prepare for Oppenheim Law‘s March 9th Foreclosure and Short Sale Workshop, one thing is clear: Florida real estate is not immune to world events. The Wall Street Journal is reporting a sluggish start to selling season, typically kicked off by Super Bowl Sunday. Given the volatile international headlines this week, this news hardly comes as a surprise. From […]

The Florida real estate market just can’t catch a break! With Obama’s new federal housing finance plan unveiled, including its proposal that government phase out the support of Fannie Mae and Freddie Mac, it’s unclear what the impact of such a move would be on the fragile housing and mortgage market. But one thing is for sure: Financing a home […]

While the dramatic decrease in foreclosures is temporary, the equally sharp uptick of short sales is not. Why? As reported in The Wall Street Journal this week, buyers are snapping up short sales in all-cash deals, breathing life into the crippled Florida real estate market. In our monthly real estate workshop last night, foreclosure defense and real estate attorney Roy […]