How the sleeping giant EB-5 became a knight in shining armor Created by Congress in 1990, the Immigrant Investor Program, better known as the EB-5 Visa Program, allows foreign nationals to bypass long waits and obtain green cards in exchange for investing in U.S. job-creating ventures.
As very few probably know, including myself until recently, the House of Representatives has passed an early holiday gift for taxpayers concerning real estate. It is also expected that the Senate and President will follow suit in the near future. Ironically; however, it is too little, too late.
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. So now some key members of Congress want a thorough review of the Independent Foreclosure Review process? The same process that was just scuttled in favor of […]
When I was a kid growing up in the Bronx the U.S. Supreme Court always seemed to be above reproach. Maybe my friends and I were naive, but I think maybe times have really changed. The Supreme Court, once a glaring symbol of constitutional democracy, has now been pulled into the day to day mudslinging of the political process. To […]
Week In Review: Federal Reserve Wakes Up; Fla. Foreclosures Down, Fannie Mae CEO Resigns, Banks Questioned Over Home Insurance Hikes
Now that the holidays are behind us and we’re well into the new year, news that will impact the foreclosure market in 2012 is starting to cross our desk. So what headlines were we talking about this week? Federal Reserve Wake-Up Call! This week we blogged about the Federal Reserve finally coming around and looking out for the homeowners, instead […]