Thu Mar 1, 2012 by Oppenheim Law on Short Sales
It’s a great time to do a short sale. Banks have finally realized they have much more to gain by agreeing to a short sale rather than allowing a home to go through foreclosure.Data released by RealtyTrac today shows pre-foreclosure sales, which are often short sales, were up 15% in the fourth quarter of 2011. It’s easier than ever before […]
Wed Feb 8, 2012 by Oppenheim Law on Short Sales
For 5 years now we’ve been a huge champion of the short sale. We’ve been banging and banging away at the banks because they didn’t share our opinion. There has long been an institutional reluctance among our nation’s lenders to embrace the short sale, but it appears they are finally coming around. According to Corelogic’s most recent numbers, short sales […]
Thu Feb 2, 2012 by Oppenheim Law on Florida Law News
I have to give Suze Orman credit. One thing that’s taken a huge hit in the housing crisis is people’s credit scores. I’ve seen it with plenty of good responsible homeowners. The reality is that most people who overextended themselves during this financial crisis did so because they had good credit scores. In fact when I used to ask people […]
Tue Jan 31, 2012 by Oppenheim Law on Foreclosure Fraud
Aaron Eckhart might have played Two-Face in the last Batman movie, but Freddie Mac seems to have settled into the role these days. Non-profit ProPublica and National Public Radio allege that Freddie Mac, which was set up to make home loans more accessible, was in fact betting against homeowners. It’s a highly disturbing, and completely shocking report. ProPublica’s Jessie […]
Sun Jan 29, 2012 by Oppenheim Law on Florida Foreclosures, Florida Law News & Foreclosure Fraud
We here at the South Florida Law Blog decided to clock in a few hours this weekend, because if we didn’t we’d probably fall behind President Obama’s new man-in-the trenches Eric Schneiderman. The New York Attorney General, only days into his appointment as the head of the newly-formed Residential Mortgage-Backed Securities Working Group has already issued subpoenas to 11 financial […]
Thu Jan 26, 2012 by Oppenheim Law on Florida Law News, Foreclosure Defense & Foreclosure Fraud
Well what a wild week it has been. When we came to work on Monday we feared President Obama would put the housing crisis to bed without ever holding the banks’ feet to the fire. The settlement with the banks, which we have blogged about ad nauseam this week, seemed as sure as a chip-shot field goal. But thanks to […]
