Tue Jun 6, 2023 by Oppenheim Law on Foreclosure Defense & Foreclosure Law
Many homeowners may have taken second mortgages, including home equity lines of credit, on their homes years ago, and thought that the underlying mortgage debt for such loans was forgiven. Other homeowners may have inherited a home without knowing that there was a second mortgage in place or bought such a home at a foreclosure auction. There are also situations […]
Wed Dec 7, 2022 by Oppenheim Law on Florida Foreclosures, Foreclosure Fraud, Foreclosure Law & Great Recession
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 […]
Tue Jun 29, 2021 by Oppenheim Law on Florida Foreclosures, Florida Law News, Florida Real Estate, Foreclosure Defense, Foreclosure Law, Loan Modification, News, Press Releases, Real Estate & South Florida Law Blog News
To combat the financial burden families faced as a result of the coronavirus pandemic, the CDC instituted eviction moratoriums while other agencies instituted other borrower protection measures. These programs will expire for most Americans sometime this summer, 18 months after they were initially launched at the beginning of the pandemic. However, due to government aid bottlenecks and growing fear of […]
Thu Mar 18, 2021 by Oppenheim Law on Florida Real Estate, Foreclosure Defense, Foreclosure Fraud & Foreclosure Law
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. […]
Mon Feb 15, 2021 by Oppenheim Law on Foreclosure Law & Loan Modification
The COVID-19 pandemic has created two distinct real estate market forces. One involves what will happen once the mortgage forbearance relief programs end while the other involves the current housing boom. While no one can negate the seriousness of the pandemic, there are those that liken the real estate market as “A Tale of Two Cities”: for as many of […]
Wed Jan 6, 2021 by Oppenheim Law on Foreclosure Law
Originally posted on dbr DAILY BUSINESS REVIEW by Rachel Lean A longstanding dispute over whether homeowners should be able to collect attorney fees after defeating a foreclosure lawsuit with a lack of standing defense has finally been resolved at the Florida Supreme Court. It’s a ruling that opens the door for countless Florida homeowners to recover legal fees from banks and lenders who sued them and […]
Wed Nov 11, 2020 by Oppenheim Law on Coronavirus, Foreclosure Law, Great Recession & Real Estate
As the year slowly comes to an end, the fact that there may be a potentially viable Coronavirus vaccine is incredible. With this in mind, however, the recovery of our overall economy remains in question with some reminders of the Great Recession of 2008. Tale of Two Cities The effects of COVID-19 has left many top-tier economists to wonder how […]
Thu Sep 10, 2020 by Oppenheim Law on Coronavirus, Foreclosure Defense, Foreclosure Fraud & Foreclosure Law
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 […]
