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Elm Street or Main Street: Roy Oppenheim on Foreclosure Nightmare on Main Street

Foreclosures are back… just like Freddy Krueger. Just like in the horror films when things start to calm down and get back to normal… out pops Freddy Krueger again to scare the living daylights out of you. Well, that seems to be the case here in Florida as it relates to real estate and foreclosures. The news this past week […]

Hippos, Hyenas and Foreclosure Mills? Banks and Lawyers Turn on Each Other

What do hyenas, wolves and hippos have in common with foreclosure mills? Upon learning this week that David Stern’s foreclosure mill decided to sue GMAC as well as some other former clients, the only fitting analogy for such backlash and conduct would be to compare it to species known for eating their young. In fact, it’s not just Stern’s office […]

Early “Fraud-closure” Warnings Ignored, Internal Fannie Mae 2006 Reports

Black hat foreclosure has been an accepted practice since 2006? Unbelievable. Unbelievable. Unbelievable. As Florida’s top prosecutor continues to investigate the state’s law firms for improper foreclosure work, a report has surfaced showing Fannie Mae was warned in 2006 of abuses in the way lenders and their law firms handled foreclosures, according to the Wall Street Journal. The fraud-closure problem […]

Broward County Order Gives Homeowners Short End of the Stick… Again

Broward County homeowners now face an additional hurdle when trying to complete a loan modification or short sale to avoid a Florida foreclosure. In Sun-Sentinel reporter Paul Owers’ blog House Keys, Owers discusses the ramifications of Broward County now requiring 10 days’ notice to cancel residential foreclosure auctions according to an administrative order signed by Broward Chief Judge Victor Tobin. […]

Oppenheim Law Round up: Debtors’ Prisons, Bank Settlements and Florida’s Nuclear Plants

Could you end up in jail for not paying your bills? Is our country’s need for speed going to derail efforts to end improper loan-servicing and foreclosure practices? How do Florida’s nuclear power plants compare to those in Japan? Those are just some of the questions being asked this week from top tier business and real estate reporters around the […]

As David Stern’s Foreclosure Mill Closes Down, a Miami-Dade Judge Dresses Down a Foreclosure Mill

  On a recent Friday morning in Miami-Dade County, Judge Maxine Cohen Lando went on the record to dress down a foreclosure mill in such a fashion that it brought chills to any lawyer who is a member in good standing of the Florida Bar. The foreclosure case was before the court because the defendant had brought a motion to […]

Roy Oppenheim on Real Estate Game Changers: Earthquakes, Tsunamis, Oil Prices

For five years I’ve discussed the inevitability of Black Swan events that change everything overnight – game changers. Certainly, the earthquake in Japan and the subsequent rash of Tsunamis are reminders of that phenomenon as is the ongoing escalated strife and instability in the Middle East. Not only have oil prices shot up, we now face a whole new set […]

Workshop Replay: Goodbye Yellow Brick Road – No more Fannie Mae and Freddie Mac

Why isn’t Wall Street in Jail? Is our government a giant Ponzi scheme? These are the questions Roy Oppenheim asked during Wednesday night’s Short Sale and Foreclosure Defense seminar. During the webcast, Oppenheim discusses how with the departure of Fannie Mae and Freddie Mac also goes the traditional 30-year mortgage, paving the way for a new 20-year mortgage, higher interest […]