954-613-8597

Tag: fdic

Mortgage Servicers Turn Robo Signers, Original Docs Just Don’t Exist

Fri Jul 29, 2011 by on Florida Law News

Carelessness, neglect and an utter disregard for proper procedures is something Oppenheim Law has come to expect from the mortgage industry. So it is no surprise that mortgage servicers might have turned once again to robo-signing in order to foreclose on homes, according to Reuters. This time it’s because the original documents don’t even exist! During the housing boom, over […]

Hooray for Sheila Bair, a Regulator Who Stood Up for the Little Guy

Three cheers for Sheila Bair, the former head of the FDIC and a true advocate for the little guy, who resigned this week on July 8th. She fought for what is right for the homeowner, the depositor and the taxpayer. Shelia was probably the only person in the Obama administration who really “got it.” As a financial regulator, she understood […]