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Tag: fannie mae

Fannie Mae and Freddie Mac: Past Their Prime

Wed Feb 15, 2012 by on Florida Law News

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 […]

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 […]

Drug Dealer or Florida Homeowner: Who Does Constitution Really Protect?

Mon Dec 19, 2011 by on Florida Law News

The Oppenheim Law editorial team found this ironic: A drug dealer has more constitutional rights to protection from the government in his home than your average homeowner in foreclosure. In a case being appealed to the United States Supreme Court, the Florida Supreme Court recently held that because the “home” has a long standing history of receiving additional constitutional protect […]

Foreclosure Headlines: Robo Signer/ Whistle Blower Dead, Occupy The Street; Homeowner Holiday Reprieve, Average Foreclosure Length Up, New Mass AG Sues Banks

Mon Dec 5, 2011 by on Bank Fraud & Florida Law News

Notary behind robo-signing scandal found dead A whistle-blower who brought a massive case to light was found dead inside her Nevada home. Officers found the body of Tracy Lawrence, 43, after she failed to show up for a 8:30 a.m. court appearance, Las Vegas station KSNV reported. She was supposed to be sentenced for her role in the fraud case, […]

Foreclosures to Rentals. Obama Finally Listens to Oppenheim Law

Taking a cue from Oppenheim Law, the Obama Administration is mulling over plans to reduce the number of foreclosed homes on the market by renting them out, according to the Wall Street Journal. As the large inventory of distressed homes on the market continues to push a reduction in home prices as well as an increase in rental prices, the […]

Early “Fraud-closure” Warnings Ignored, Internal Fannie Mae 2006 Reports

Black hat foreclosure has been an accepted practice since 2006? Unbelievable. Unbelievable. Unbelievable. As Florida’s top prosecutor continues to investigate the state’s law firms for improper foreclosure work, a report has surfaced showing Fannie Mae was warned in 2006 of abuses in the way lenders and their law firms handled foreclosures, according to the Wall Street Journal. The fraud-closure problem […]

Workshop Replay: Goodbye Yellow Brick Road – No more Fannie Mae and Freddie Mac

Why isn’t Wall Street in Jail? Is our government a giant Ponzi scheme? These are the questions Roy Oppenheim asked during Wednesday night’s Short Sale and Foreclosure Defense seminar. During the webcast, Oppenheim discusses how with the departure of Fannie Mae and Freddie Mac also goes the traditional 30-year mortgage, paving the way for a new 20-year mortgage, higher interest […]