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Banks No Longer Above the Law: Inadmissible Hearsay Stays Out of Court

Mon Sep 19, 2011 by on Florida Law News

Florida homeowners scored a huge win last week when a Florida Appellate Court ruled that banks could no longer continue to break the rules in almost every foreclosure action. Following advice I gave in my letter to the editor of the Florida Bar Journal months ago, the Fourth District Court finally recognized that affidavits being submitted as “evidence” by banks […]

Florida Lawmakers Hurting Homeowners with New Foreclosure Defense Bill?

Sun Sep 18, 2011 by on Florida Foreclosures

The Florida Fair Foreclosure Act is making headlines. It’s no secret that the Florida courts are clogged with homeowners and banks wrestling over foreclosed homes. Florida lawmakers seeking to relieve the burden on the court system are looking to streamline the process with a new bill. The Palm Beach Post reports Rep. Kathleen Passidomo, R-Naples, is shopping for input on […]

Roy Oppenheim Says Florida Bank COO Mortgage Not a Sweetheart Deal

Thu Sep 15, 2011 by on Florida Law News

    The South Florida Business Journal caught up with Weston Title and Oppenheim Law to get Roy Oppenheim’s opinion on a recent mortgage deal. Banks giving their employees sweetheart deals on financial products is nothing new. Recently, Great Florida Bank COO, Masood Ghomeshi experienced one of the perks of being a bank employee by landing a loan modification that […]

Florida Deficiency Judgments FAQs . . . By Popular Demand

Oppenheim Law’s most popular videos and blog posts are on the topic of deficiency judgements. So, by popular demand, we will continue to provide news and insight on this topic. Understanding deficiencies and the Florida rules which pertain to them are key to avoid getting a deficiency judgment. What is a Deficiency? The unpaid mortgage debt associated with a residence […]

Power Play in Foreclosure Arena: New York Attorney General Sides with Consumers

It’s called doing the right thing for consumers! New York Attorney General Eric Schneiderman stands alone on the side of the consumer, seemingly everyone else against him. The banks are trying to wipe out all of the potential claims against them, and they are being helped by the Obama administration, the Federal Reserve, and most of the State Attorney Generals. […]

Oppenheim Law Reports Short Sales Up, Saves Homeowners Millions

In an official Florida real estate news release, Oppenheim Law reports about 80 percent of its Florida foreclosure clients had deficiencies completely waived once they closed their short sale, also known as a pre-foreclosure sale, saving homeowners more than $16 million dollars in 2010/2011. The lesson learned: by working with the banks, homeowners can craft their own real estate bailout […]