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Tag: foreclosure crisis

Moral Hazard v. Mitigation: What will be the response to COVID-19 Foreclosures?

As the Coronavirus pandemic unfortunately continues, a substantial number of U.S. homeowners are struggling to pay their mortgages. With nearly half the U.S. population jobless,  4.6 million American homeowners were in some type of non-repayment as of last month which signals that the number of those not being able to pay their mortgage will only increase. As a result, the […]

Breaking News For Homeowners: The implications of the 5-Year-Statute-of-Limitations is in full effect

Tue May 26, 2015 by on Florida Law News

Homeowners Don’t Get Shut Out; Know Your Rights! The following segment was originally shown on “Investigations” by Tony Pipitone on NBC6. Roy Oppenheim, real estate defense attorney explains the complicated issues surrounding the 5-year-statute-of-limitations in foreclosure cases; for many, a housing dilemma that has become the focus of the entire country.   

Silver lining in the foreclosure crisis becomes the American Dream

Wed Feb 26, 2014 by on Florida Law News

Food for thought for those still underwater There is a silver lining to the foreclosure crisis for those that chose not to go underwater—namely, more people who actually were in foreclosure are now buying again. How many are actually able to purchase Unfortunately, the government and housing market does not keep track of the specific real estate numbers.  Nevertheless, because […]

Foreclosure activity reaches 6-year low

Fri May 10, 2013 by on Florida Law News

Written By Julie Schmit, USA TODAY 12:01 a.m. EDT May 9, 2013 and republished in The South Florida Law Blog with excerpts from Roy Oppenheim. Foreclosure activity in April fell to its lowest level in 74 months, but action is ramping up in some states, says a national foreclosure tracker. In April, one of every 905 U.S. housing units received […]