Another Power Play for the Multi-Billion Dollar Banking Industry. The United States Supreme Court has now rendered a unanimous decision in the case of Obduskey v. McCarthy & Holthus, LLP, finding that law firms who enforce a security interest such as a mortgage (as opposed to directly collecting a debt) are not debt collectors under the Fair Debt Collection Practices […]
Tag: Banking Industry
Banks continue to try to convince courts that a promissory note is a negotiable instrument on foreclosures.
Have you seen the YouTube video of Canadian astronaut Chris Hadfield singing David Bowie’s “Ground Control to Major Tom” from the International Space Station? The social media loving space man has become a YouTube sensation with more than 10.5 million (yep that’s million) hits and growing. And that’s only within the span of about a week. While the space race […]
Like the U.S. banking industry, cyber thieves were able to get away with financial malfeasance and are finding more sophisticated ways to get away with their crimes.
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 […]
An edited version of this post by Roy Oppenheim was first published in US News and World Report’s Home Front Blog and is being redistributed on South Florida Law Blog with their permission. Now that the smoke has cleared in Vatican City – both figuratively and literally – and the Catholic Church has new leadership, one of the many issues […]
Cracked! Humpty Dumpty, Chase, and GMAC: The Bank Mortgage Foreclosure Fraud Crisis Continues to Fall by Roy Oppenheim
Humpty Dumpty sat on the wall. Humpty Dumpty had a great fall. All the king’s horses and all the king’s men. Couldn’t put Humpty Dumpty back together again. Most Americans, including some lawyers and even judges don’t understand what happened. Yes, it is complex and confusing. But at the end it’s real simple. In the old days, a bank would […]