Millennials: Trade your Student Loans for a Mortgage. As we noted in an earlier blog, it’s no secret that mounting student loans have made it difficult for Millennials to buy homes. Eagle Home Mortgage, the lending arm of South Florida’s largest homebuilder, Lennar Corp., is proposing a new solution to try and remove this common financial obstacle. Lennar Corp recently […]
You may have noticed that Nationstar is no more. After several years of transitioning, Nationstar has officially renamed itself “Mr. Cooper.” Why the new name? According to CEO Jay Bray, it’s all part of a “cultural shift” to improve the experience for customers, as Bray’s mission is to be the leader in service. Time to Rebrand The former Nationstar has […]
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, […]
Dear Friends and Colleagues, On behalf of the Firm, we hope that you and your loved ones are safe and well following the catastrophic impact of Hurricane Irma. Fortunately, our office did not get the brunt of Hurricane Irma, but we know that many fared much worse than us. We cannot even begin to imagine what you must be going […]
Hurricane Harvey: A Harsh Reality for Houston Sends a Dire Warning to the U.S. With the upcoming Labor Day Weekend, when most people will be grilling and relaxing, it’s important to take notice of how lucky we all are and yet, at the same time, how many of us are in dire need. Hurricane Harvey, still an active tropical […]
Oppenheim Law in Weston, Florida will be one of the first firms in the entire state to start accepting cryptocurrencies for legal services.
“Eclipsed” by the Law As the rest of the country eagerly awaits the first total solar eclipse since 1979 on Monday, August 21, South Floridians are looking forward to our own view of a partial 2017 solar eclipse — (about 75%). This magnificent event is causing a craze among stargazers, due to the fact that the next total solar eclipse […]
The $400 Trillion Question: What Will Replace Interest Rate Benchmark LIBOR? The LIBOR (London Interbank Offered Rate), used as an interest rate benchmark for nearly $400 trillion in assets ranging from student loans to mortgages, now has its execution date scheduled for 2021. With its replacement all but certain, it is understandably causing some concern as to how this will […]