South Florida Law Blog

The $400 Trillion Question: What Will Replace Interest Rate Benchmark LIBOR? The LIBOR (London Interbank Offered Rate), used as an interest rate benchmark for nearly $400 trillion in assets ranging from student loans to mortgages, now has its execution date scheduled for 2021. With its replacement all but certain, it is understandably causing some concern as to how this will […]

South Florida has recently been experiencing what can very well be considered a real estate renaissance; a second awakening of the real estate market after the horror that was called the foreclosure crisis. Unbelievable. 

Things are looking up for Florida homeowners still in foreclosure in 2015. As demonstrated by recent decisions, Florida courts are beginning to hold banks to a higher standard when it comes to proving standing.

Part II: Five Year Statute of Limitations Series “The banks invocation of the ‘Wall Street Rule’”

If you thought they were gone, think again. The foreclosure phenomenon known as a ‘zombie foreclosure’ has proven that it is here to stay. A zombie foreclosure occurs when homeowners leave their homes when they receive a notice of foreclosure only to find out years later that the bank decided not to foreclose on the property; leaving title in the […]

  Massachusetts’ Senator Elizabeth Warren gave a series of resounding speeches in opposition to a recent provision passed in the 2015 federal budget “Cromnibus” spending bill.  The contested provision weakened the Dodd-Frank law, thereby allowing big banks like CitiGroup to gamble on risky investments with taxpayers’ money.  Such a provision is not unique to the 2015 “Cromnibus” spending bill, in […]

As we commenorate the 40th anniversary of  President Nixon’s resignation,  it came to me, that these days we are dealing  with a new form of  ‘bait and switch.”  Here’s an “In the Trenches” point of  view  that I’d like opinions on and why it  makes sense to call this blog: “Tricky Dick 2.0.” So as more and more real estate […]

As the Florida real estate and general economy are improving, with average sales prices increasing, the number of foreclosures dropping and unemployment also increasing a funny thing happened as we continue through this recovery: re-foreclosures are up. Re-foreclosures you ask?  That’s right. A re-foreclosure is when the bank for whatever reason dismissed the first foreclosure or in some cases homeowners […]