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Update: The State of Florida Deficiency Judgments in 2014

Wed Mar 12, 2014 by on Florida Law News

The following article is written for the South Florida Law Blog by Oppenheim Law attorney Roy Oppenheim.  Florida has remained in the top three of states with the highest foreclosure rate since the housing market collapsed in late 2007. Even scarier for distressed homeowners is the fact that Florida is a recourse state, permitting lenders to seek deficiency judgments for […]

Homeowners Experience Déjà Vu of Injustice, as Mortgage Servicers Adopt Banks’ Abusive Practices

Mon Mar 3, 2014 by on Florida Law News

Once again, homeowners facing foreclosure are falling victim to abusive practices in the handling of their mortgage, but this time the overpromising and under delivering can be attributed to entities other than the banks – mortgage servicers. As the name suggests, “mortgage servicers” are entities that handle and service mortgage loans.  A recent trend in the mortgage industry, is for […]

Silver lining in the foreclosure crisis becomes the American Dream

Wed Feb 26, 2014 by on Florida Law News

Food for thought for those still underwater There is a silver lining to the foreclosure crisis for those that chose not to go underwater—namely, more people who actually were in foreclosure are now buying again. How many are actually able to purchase Unfortunately, the government and housing market does not keep track of the specific real estate numbers.  Nevertheless, because […]

Foreclosure Law Empowering Lenders Could Be 'Game Changer'

Thu Feb 13, 2014 by on Florida Law News

 The following article was published in the Daily Business Review and written by Samantha Joseph for the DBR.  The South Florida Law Blog has republished select exerpts with quotes from Roy Oppenheim, Oppenheim Law.  New Wave of Short Sales A new wave of short sales could be part of the fallout from Florida’s Fair Foreclosure Act as property owners move to mitigate losses […]

Bubble Bubble Froth and Trouble

Thu Feb 6, 2014 by on Florida Law News

Written by Roy Oppenheim for the South Florida Law Blog. As 2014 continues to move along, one disturbing trend on the horizon is the re-emergence of Wall Street’s presence into the residential housing market. This time however it’s a horse of a different color and it could mean trouble. During the last economic cycle, Wall Street provided easy money to […]

Royal Palm Beach lawyer pulls out of foreclosure forum after disagreement with judges

Mon Jan 20, 2014 by on Florida Law News

The following article was originally published in the Palm Beach Post by KIMBERLY MILLER – Palm Beach Post STAFF WRITER on Friday, Jan. 17, 2014. Excerpts from the article have been republished for use in the South Florida Law Blog with Roy Oppenheim, Oppenheim Law.  Previous forums, held in Broward and Miami-Dade counties, used attorneys as moderators and accepted spontaneous questions. Daily Business Review Publisher […]

Roy's Top 10 Prognostications in Florida Real Estate

Sun Jan 12, 2014 by on Florida Law News

  Traditional migration, which slowed to a crawl and actually briefly reversed itself during the Great Recession, will pick up again, with Baby Boomers moving from up North to Florida. In fact, sometime in the next few months, Florida’s population will eclipse that of New York. I recall, back in 1987 when I arrived in Florida, that possibility seemed improbable. […]

2014 May See Last of Recession – Caused Foreclosure Inventory

Sat Jan 11, 2014 by on Florida Law News

The following article was written in the Daily Business Review by Adolfo Pesquera with excerpts by Roy Oppenheim have been republished in the South Florida Law Blog. Florida still has the highest percent of residential foreclosures, but an improving economy and years of aggressive court action have made it possible to say 2014 may be the last year of the recession […]