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Tag: banks

Banks have less than 30 days to file suit against homeowners for deficiency judgments

Tue Jun 3, 2014 by on Florida Law News

Starting today banks have less than 30 days to file suit against homeowners for deficiency judgments if the foreclosure judgement was entered any time before June 30, 2013. If the banks miss the deadline, the banks’ rights to continue with a deficiency for these older cases is over. After July 1, 2014 if one is foreclosed upon, in Florida, the […]

JPMorgan's $300M Forced-Placed Deal Sets Up Domino Effect

Mon Sep 23, 2013 by on Florida Law News

The original article was written by Bibeka Shrestha for Law360 with quotes from Roy Oppenheim republished  in the South Florida Law Blog.  JPMorgan Chase NA and Assurant Inc.’s $300 million settlement of a class action claiming they profited handsomely from high rates on forced-placed insurance policies will energize plaintiffs to pursue similar blockbuster deals at a time attorneys say force-placed actions are ripe for resolution. […]

Secrets from the Trenches:

Wed Sep 18, 2013 by on Florida Law News

A Two-Pronged Loan Modification Analysis A loan modification can be a ray of sunshine on a cloudy day for many homeowners facing foreclosure; especially when this year’s statistics show that homeowners are increasingly receiving loan modifications from their respective lenders. Although this is great news, it’s not much help unless you know how to make the loan modification work in […]

POST IN DEPTH: FORECLOSURE FALLOUT How to get your house for free: Rare but possible

Sun Aug 18, 2013 by on Florida Law News

The following article was written by Kimberly Miller – for the Palm Beach Post  and republished with excerpts by  Roy Oppenheim, Oppenheim Law for the South Florida Law Blog. WEST PALM BEACH — Florida’s five-year deadline to foreclose on a home is ticking on thousands of aging cases statewide, giving lucky borrowers a shot at a free house and catching banks with […]

Nevada Law makes it easier for banks to foreclose on delinquent loans.

Thu Jul 18, 2013 by on Florida Law News

The following article was written by Roy Oppenheim, Oppenheim Law for The South Florida Law Blog. Last month, Nevada’s governor signed into law a bill that is supposed to make it easier for banks to foreclose on delinquent loans. Can you say HB 87? That’s the recently enacted Florida law designed to deal with Florida’s backlog of foreclosures in the […]