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Tag: foreclosures

Who gets the Golden Ticket? Charlie or the Banks?

Financial Times Headline: Caution urged on US bank foreclosure fines Who gets the golden ticket? We all remember the deserving Charlie Bucket inside the chocolate factory of the eccentric chocolatier, Willy Wonka. In the end, Charlie gets the Chocolate Factory and the golden ticket. This week’s Financial Times writer Tom Braithwaite reported a story: Caution urged on US bank foreclosure […]

Foreclosure Auctions are not eBay or Child’s Play. Novice Investors Beware!

Investors looking for a great deal at Florida foreclosure auctions may want to think twice before clicking “Buy Now”. Records show amateur investors are falling victim to a simple mistake that’s costing them thousands. When novice real estate investors turn up at foreclosure auctions, what they don’t know is they are often bidding on second or third mortgages. These mortgages […]

Video: Roy Oppenheim Calls Debtors’ Prison Illegal, Unconstitutional and Un-American

I’m sorry, is this 1811 or 2011? Back in the day, say the 1800’s, the use of debtor’s prisons was widespread; signatories to the Declaration of Independence, James Wilson and Robert Morris were both later incarcerated, as were 2,000 New Yorkers annually by 1816. Henry Lee III, better known as Light-Horse Harry Lee, a Revolutionary War general, former governor of […]

Elm Street or Main Street: Roy Oppenheim on Foreclosure Nightmare on Main Street

Foreclosures are back… just like Freddy Krueger. Just like in the horror films when things start to calm down and get back to normal… out pops Freddy Krueger again to scare the living daylights out of you. Well, that seems to be the case here in Florida as it relates to real estate and foreclosures. The news this past week […]

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 […]

Broward County Order Gives Homeowners Short End of the Stick… Again

Broward County homeowners now face an additional hurdle when trying to complete a loan modification or short sale to avoid a Florida foreclosure. In Sun-Sentinel reporter Paul Owers’ blog House Keys, Owers discusses the ramifications of Broward County now requiring 10 days’ notice to cancel residential foreclosure auctions according to an administrative order signed by Broward Chief Judge Victor Tobin. […]

Red Carpet Winners, Short Sales and Oppenheim Law’s March Real Estate Workshop

Join Florida Foreclosure Defense and Short Sale Attorney Roy Oppenheim March 9th at 6 PM. “Not a single financial executive has gone to jail”…that is how Producer Charles Ferguson rocked the Oscars by starting his acceptance speech for winning best feature documentary for “Inside Job,” a film about the 2008 financial system meltdown. How appropriate. Meanwhile, Florida real estate is […]