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Category: Roy Oppenheim

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 […]

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 […]

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 […]

Oppenheim Law’s Top 15 FL Real Estate Lessons of 2009

As a foreclosure defense and real estate attorney at South Florida’s Oppenheim Law, I witnessed striking developments in the Florida real estate and legal landscape throughout this year. As 2009 comes to a close, the blogger in me decided to reflect on a year that we’ll never forget. In 2009, the United States experienced presidential history and remarkable scandals and […]

Oppenheim Law Explains How Short Sales and House Flipping Can Bailout South Florida Homeowners

WSJ reporter, James Hagerty, arguably one of the best reporters covering the real estate crisis and with whom I speak with from time-to time wrote a great article this morning concerning professional investors who are going to auction, fixing up the houses and then flipping them for a profit. (Also take the time to look at the slides and related […]

Oppenheim Law on Dating and Banking Relationships

Why Gentlemen Prefer Blondes and Banks Prefer…Short Sales It should come as no surprise that only 12.4 percent of Florida borrowers who are at least two months behind on mortgage payments have entered into trial loan modifications through the Obama administration’s Making Home Affordable program. The first date For many who tried to get a Florida loan modification, the process […]