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Too Big To Fail used to be a joke. It became an insult hurled by Occupy Wall Street or the Tea Party at the big banks, but that’s all it was. It was never an expression that had any legitimacy. It was just a nice little way for the media to classify the banking industry in a ready-made slogan. Guess […]

Leading up to the State of the Union, we heard a lot of chatter that a proposed $25 billion settlement with the banks would be a selling point in President Obama’s speech.And maybe it would have been, had President Obama delivered the State of the Union. But clearly the person we saw last night addressing Congress was candidate Obama, who […]

Foreclosure fraud files are nothing these days. The latest secret reports from the Federal Reserve are hard to fathom for most people including myself. The report reiterates the notion that our nation ever so quickly resembles that of a crony capitalistic third-world regime. Thanks to Bloomberg Magazine, however, we now have a better picture how, as a country, we all […]

Three cheers for Sheila Bair, the former head of the FDIC and a true advocate for the little guy, who resigned this week on July 8th. She fought for what is right for the homeowner, the depositor and the taxpayer. Shelia was probably the only person in the Obama administration who really “got it.” As a financial regulator, she understood […]

Do we have a pulse on South Florida real estate recovery? According to a statistical analysis performed for The Wall Street Journal by the online real-estate information and search firm Zillow, home values in a handful of communities are where they were just before the most frenzied days of the real-estate bubble. The good news: Zillow spotted 25 places that […]

Florida Real Estate Goes From Bad to Worse… Securitized Trusts Face Scrutiny and Housing Crisis Now Worse Than the Great Depression Questions Roy Oppenheim. From Bad… Florida real estate is not alone. Serious questions are being raised about the validity and legality of mortgage backed securities, the negotiable instruments at the center of our country’s mortgage boom and subsequent bust. […]

Real Estate headlines this week have been a mixed bag of good, sad and ugly. While the Fort Lauderdale condo market and Broward home sales trended upward, news broke Broward Chief Judge Victor Tobin was resigning his position to work for a law firm that has been called one of the largest foreclosure mills in the state. In national news, […]

Reporting on the winning and losing headlines, South Florida Law Blog brings you the break down and what this means to the Florida homeowner. While South Florida is #1 for mortgage fraud and foreclosure settlement talks between banks and the Obama administration appear futile at best, this week’s new was not all doom and gloom. Check out Oppenheim Law and Weston […]