South Florida Law Blog

Written by Roy Oppenheim for the South Florida Law Blog. As 2014 continues to move along, one disturbing trend on the horizon is the re-emergence of Wall Street’s presence into the residential housing market. This time however it’s a horse of a different color and it could mean trouble. During the last economic cycle, Wall Street provided easy money to […]

If you watched President Obama give the State of the Union , you might be scratching your head over his failure to speak, except for a brief mention, about what will one day fill at least a chapter in history books as one of the worst financial crises since the Great Depression. Instead, the president appeared to be taking his […]

This post by Roy Oppeneim was originally published in Yahoo! Homes and is being redistributed on South Florida Law Blog with their permission. My friends, the drumbeat is growing louder and louder. Each and every day another voice is joining the chorus. Soon, I hope, it will be impossible for even the most devout pro-Wall Street politician to ignore. It’s […]

Roy Oppenheim was quoted in the following article, which was originally posted on Lawyers.com by author Michelle Bowman You buy toilet paper and ammo there, so why not a home? Consumers are indicating they would trust Walmart and other non-banks with their mortgages, and some experts believe that’s not necessarily a bad thing. While they seem mostly satisfied with the […]

Roy Oppenheim’s commentary was originally published on Yahoo! Homes and is being republished on South Florida Law Blog with their permission. They say there is no rest for the weary, and that seems especially appropriate for our nation’s elected officials. Election Day may be still be fresh in our rear-view mirror, but in case you have forgotten, the lame duck […]

With the presidential race entering its final stretch and with the employment figures remaining effectively flat, one would think that the housing crisis would have already been front and center by now. As I have said numerous times every economic recovery since the Depression has been led by the housing sector. But only now do we have a fuller picture […]

“Let me be frank. Our banks earn profit too easily. Why? Because a small number of large banks have a monopoly.” Sounds like something I would have said. Or something our president SHOULD be saying. Except here’s the thing. The elected official quoted isn’t talking about our own corrupt banking system. The quote above came from the prime minister of […]

There were two players conspicuously absent when last week’s $25 Billion settlement was unveiled; two players that absolutely should have been front and center. What are their names? If you’ve followed the housing crisis as closely as we have, then you probably know. Our old and unwanted cousins Fannie and Freddie. Their omission from the settlement was perhaps its biggest […]