Category: Foreclosure Fraud

Are Foreclosures Necessary to Creating a Healthier Housing Market?

Are Foreclosures Necessary to Creating a Healthier Housing Market?

Foreclosures and Loosening Credit: Reevaluating Risk In a perfect world, there would be no foreclosures, as people would have enough resources to make their monthly mortgages. We all can agree that the substantial number of foreclosures during the Great Recession was painful (some estimates indicate that 3.8 million homeowners lost their home to foreclosure from 2007 to 2010); however, the […]

Refinancing for Cash? Join the crowd!

cash out refinance

In 2021, more Americans have taken cash from cash-out refis than any time since the Financial Crisis of 2008. U.S. homeowners cashed out a record $152.7 billion in home equity last year, up from 42% since 2019 and the most since 2007, according to mortgage giant Freddie Mac. Why the uptick? The pandemic has certainly brought challenges to us all. […]

Foreclosures, Evictions, Moratorium Oh My

Foreclosures, Evictions, Moratorium Oh My

Foreclosures, Evictions, Moratorium Oh My Description What are your options in the age of Covid-19 ? Zoom in at Noon with Roy Oppenheim: Pick up where we left off from last week, now with moratorium issues along with evictions and foreclosures during the coronavirus pandemic. Is anyone safe from evictions and foreclosures? If so, who? Find out in the latest […]

Bank of America: Illegal Foreclosure and Harassment Lead to $6M Settlement

Tue Sep 19, 2017 by on Foreclosure Fraud


The following is not a reality show; rather, it is a true story that highlights the worst of the financial crisis. Erik and Renee Sundquist reached a settlement with Bank of America where the bank has agreed to pay them $6 million after eight grueling years of foreclosure.  The Sundquist family endured a stress-induced heart attack and a suicide attempt, […]

Where Have All The Foreclosures Gone? (Long Time Passing)

Fri Feb 15, 2013 by on Foreclosure Fraud

An edited version of this post by Roy Oppenheim was first published in US News and World Report’s Home Front Blog and is being redistributed on South Florida Law Blog with their permission. Not long after the national mortgage settlement was announced, I warned clients that the training wheels would come off and foreclosures would ramp up again. Now foreclosure […]

Deconstructing The Black Magic of Securitized Trusts

Below is an abbreviated version of an article written by Roy Oppenheim and Jacquelyn Trask, which was first published this week by Thomson Reuters. The longer version of “Deconstructing The Black Magic of Securitized Trusts” was published earlier this year by the Stetson Law Review. From 2003 to 2007, Florida saw the largest real estate boom in its history. Real […]