South Florida Law Blog

The following article was originally written by  Samantha Joseph, for the Daily Business Review with exerpts by Roy Oppenheim. It should have been a straightforward case, but a clerical error put Bank of America on the losing end of a four-year foreclosure case Wednesday. The bank won a final judgment against homeowner Heather Epstein in 2009. By the following year, […]

The following article has been written by Roy Oppenheim for the South Florida Law Blog. For many homeowners the last few years have been like a trip on the Titanic. Rough economic seas sent thousands of homes underwater. Many have since sunk; but others who have managed to hold on are hoping for a happier ending than those who found […]

The following article was written by Kimberly Miller – Palm Beach Post and republished with excerpts by Roy Oppenheim, Oppenheim Law on behalf of the South Florida Law Blog.  WEST PALM BEACH — Florida homeowners received more than $9.2 billion in home loan help through the historic National Mortgage Settlement negotiated last year, exceeding expectations by $800 million, according to a final progress report released […]

What do the recent tragedy in Bangladesh and the state of this country’s banking industry have in common? At first blush you might say nothing, but scratch just below the surface and you will see there are many parallels. First Bangladesh – which we all know by now is a corrupt country being run by an ineffective government where rich […]

Seventeen of the nation’s “too big to fail” banks also apparently think they are “too big to lose in court.” They have joined forces to go up against a federal judge whose rulings they simply don’t like. In doing so, the banks may have opened a Pandora’s box that ultimately could benefit the same group of people they have been […]

To Tell the Truth was one of my favorite TV game shows when I was a kid. If you are not familiar with it, during each episode a panel of celebrities would try to correctly identify a contestant with a special talent. The contestant was mixed in with two impostors who pretended to be the contestant. Now the contestant was […]

Foreclosures, repos up from last year in South Florida I said after the foreclosure settlement was announced that banks had been given the green light to rev up their foreclosures engines, and in South Florida at least, I’m being proven right. RealtyTrac’s numbers from last month show dramatic year-over-year increases in both new foreclosure filings (85%) and repossessions (39%) in […]

Banking officials, as a general rule, are old school. They are very resistant to change, and usually refuse to think outside of the box. Over the years I’ve seen the banks hold little to no regard for the customers they serve. Their philosophy has essentially been ‘You can’t pay your mortgage, then out on your butt you go!’ Forget that […]