South Florida Law Blog

Mortgage Rates Set Fresh 2011 Low After Jobs Report Fixed rate home mortgage loans dropped for the eighth straight week to a new low for 2011 amid concerns of another economic slowdown this year, according to data from Freddie Mac and a report by The Wall Street Journal. The 30-year fixed-rate mortgage averaged 4.49%, down from 4.55% last week and […]

The foreclosure “walk of shame” happens to the best of us; even the Mortgage Banker’s Association (MBA). When Roy Oppenheim received a call from the producers of The Daily Show with Jon Stewart; he knew this was not the typical call from a distressed homeowner facing foreclosure. This was about a topic Oppenheim had shared on his blog months ago. […]

You have been hearing about it in the media: there is a national bank fraud crisis. Now find out what it means to the future of the South Florida real estate market and foreclosures. Mother Jones, The New York Times and the Sun Sentinel have covered it and an investigative special report will air tonight on CBS 4 reported by […]

On location in Boston, Real Estate Attorney and Legal Blogger Roy Oppenheim talks about the real estate market and what to expect from the new deflationary economy. Tune in Wednesday night. Oppenheim highlights the new rules homeowners need to learn in a Back to School Workshop. What: ABC’s and D for Deflation Foreclosure Defense Workshop When: Wednesday, September 1, 2010 […]

Homeownership Reaches Record Lows According to new industry estimates, millions of houses on the verge of foreclosure could send homeownership to its lowest level since 1960. Long considered a cornerstone of the American dream, homeownership has been sliding since the housing bubble burst in 2006. New projections say the rate could plummet to about 62%, compared with 69.4% in 2004. […]