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Category: Foreclosure Defense

CitiMortgage Launches Program for Distressed Homeowners

Roy Oppenheim Tells SFBJ: It’s a Year Late! Oppenheim Law has been arguing for creative and practical solutions that benefit banks and homeowners alike for more than two years. Finally, while curiously late into the game, CitiMortgage announces a trial deed-in-lieu mortgage program allowing homeowners to avoid the painful foreclosure process. The deed-in-lieu program allows Florida homeowners facing foreclosure to […]

In Case you Missed it! Florida Foreclosure Workshop In Review

By Roy Oppenheim Oppenheim Law marked its 16th Monthly legal real estate workshop last Thursday and thanks to you – our readers – who attended or brought a friend, we continue to evaluate the real estate market. For those not able to make the event, I have two pieces of good news for you: Oppenheim Law is already preparing for […]

Oppenheim Law Argues for “Meaningful Principal Reduction” in The Miami Herald

In case you didn’t hear, the Obama administration announced changes for requirements of paperwork and documents regarding the Making Home Affordable on Thursday, hoping to improve the success rate and communication between homeowners and lenders. While this bureaucratic decision may indeed help a few more modifications squeeze through the banks clenching hands, ultimately, the change that is needed for South […]

Subject: Will Haiti’s Horror Impact South Florida Real Estate?

Good Question! Let’s explore the possibilities. Real Estate Black Swan Arrives: Free Legal Foreclosure Workshop February 4 The attorneys at Oppenheim Law point to the crisis in Haiti as a “black swan event,” an occasion no one could have foreseen with drastic effects on the South Florida real estate landscape. Join Oppenheim Law at the next free legal real estate […]

Why Oppenheim Law Prefers Short Sales Over Florida Foreclosure

Some Florida attorneys and other experts sometimes seem to suggest there is no difference between having a Florida foreclosure or Florida short sale on your record or credit report and pose the question: “Why go through the hassle of a short sale?” The thought process might be technically correct, but only in a state described as a “non-recourse state.” Florida […]

Oppenheim Law on South Florida Mortgage Morals and Ethics: To Strategically Walk or Not?

NYT Magazine Writer Roger Lowenstein hits it on the head when he takes Mortgage Bankers to task, Plus why I believe MBA President John Courson is WRONG and CLUELESS Roger Lowenstein, an extremely well respected financial journalist took the trade association for mortgage bankers (the MBA) to task in Sunday’s New York Times Magazine for calling homeowners “immoral” who strategically […]

New Year: New Rules – Florida Supreme Court Requires Mediation in Foreclosure

Just as 2009 ended, the Florida Supreme Court announced a uniform procedure for all newly filed foreclosure cases for homestead properties. While the procedure is not yet fully in place, it should be shortly. The Court acknowledged the system is not working. Foreclosure filings are expected to reach 456,000 cases in Florida by the end of 2010, a 50% increase […]

Oppenheim Law Looks Back at "The Year of Foreclosure" + Ahead to Florida Foreclosure Defense in 2010

As I write this, I’m preparing for a two-week trip to South America with my family (packing my bags now). By the time you read this, I hope to be relaxing and enjoying the opportunity to reconnect and recharge. But first some last words for the year… It’s hard to believe the South Florida Law Blog is now approaching its […]