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Category: Foreclosure Fraud

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 […]

Early “Fraud-closure” Warnings Ignored, Internal Fannie Mae 2006 Reports

Black hat foreclosure has been an accepted practice since 2006? Unbelievable. Unbelievable. Unbelievable. As Florida’s top prosecutor continues to investigate the state’s law firms for improper foreclosure work, a report has surfaced showing Fannie Mae was warned in 2006 of abuses in the way lenders and their law firms handled foreclosures, according to the Wall Street Journal. The fraud-closure problem […]

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 […]

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 […]

Red Carpet Winners, Short Sales and Oppenheim Law’s March Real Estate Workshop

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 […]

It’s A Short Sale World After All

It’s still a buyer’s market. That’s the conclusion of consumers in a new Gallup poll that reveals 67 percent of Americans feel now is a “good time” to buy a house. That hasn’t changed much since April 2009. So despite harder-to-come-by financing and the possibility of a housing double-dip, it seems historically low interest rates and bargain basement home prices […]

Tune in or Come by Tonight! The Future of Foreclosures Workshop

By Roy Oppenheim We’re just half way through the first month of 2011 and foreclosure fraud continues to make headline news. Tonight Oppenheim Law will be in Boca Raton hosting our monthly foreclosure defense workshop “The Future of Foreclosures”. Will this be the year of the short sale? How will the Feds help (or not help)? What is the best […]

Then and Now: Florida Judge Says: Shut up and mind your own business!

If we digress for one moment and go back to the end of 2007 or the beginning of 2008 here is the story I will share with you all. I was attending a hearing on behalf of one of our earlier foreclosure clients in the area of foreclosure defense before a prominent Broward County Circuit judge. I witnessed the judge […]