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Tag: Fannie Mae and Freddie Mac

Strategic Defaulters Are Public Enemy #1 Again (Unless They’re on Wall Street)

Roy Oppenheim’s commentary was originally published on Yahoo! Homesand is being republished on South Florida Law Blog with their permission. Deficiency judgments are probably the last thing any homeowner under threat of foreclosure wants to think about. For the uninitiated, a deficiencyis when the proceeds from a foreclosure sale, or a short sale, don’t cover the balance of the mortgage […]

Goodbye Yellow Brick Road…Goodbye 30-Year Mortgages?

The American Dream as we know it is being redefined for Florida real estate and the nation. Elton John’s famous song Goodbye Yellow Brick Road reminds us that homeownership will no longer define the American Dream and the Yellow Brick Road really leads to no where (just like in Oz). So the tune Goodbye Yellow Brick Road is sounding the […]

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