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Tag: Freddie Mac

Usher in 2016 with Roy Oppenheim chiming in on "The Big Short" movie

Sun Jan 3, 2016 by on Florida Law News

[VIDEO] Usher in 2016 with Roy Oppenheim chiming in on “The Big Short” an accurate and poignant dark comedy addressing a dark page in U.S. economic history. The Big Short movie brings to life the economic catastrophe between 2007-8  as we look  back with appropriate  irony  and cynicism of the darkest days in US economic history in the past 100 years. […]

Two-Faced Freddie Mac, The Fiscal Cliff and the Obamacare Real Estate Tax, 2012’s Top Headlines Continued

Fri Dec 28, 2012 by on Florida Law News

Continuing our recap of our most popular blogs from 2012… #5 — Robosigning Settlement Proves Sky Was Falling! Chicken Little Was Right! Yesterday’s robosigning settlement that all but one state ultimately signed off on, was far from perfect. Let’s make that perfectly clear. Depending on what you have read, you might be outraged, you might be relieved, you might be […]

Strategic Defaulters Are Public Enemy #1 Again (Unless They’re on Wall Street)

Roy Oppenheim’s commentary was originally published on Yahoo! Homesand is being republished on South Florida Law Blog with their permission. Deficiency judgments are probably the last thing any homeowner under threat of foreclosure wants to think about. For the uninitiated, a deficiencyis when the proceeds from a foreclosure sale, or a short sale, don’t cover the balance of the mortgage […]

Machiavelli, Alive and Well, In Illinois?

Fri Sep 14, 2012 by on Florida Law News

  Since I started the South Florida Law Blog following the 2008 economic meltdown, I have made no secret of the fact that I am extremely critical of what can best be characterized as “America’s new crony capitalism.” Crony capitalism occurs where certain industries have gained undue influence in the political process and thus have curried favor unjustly from the […]

Friday Round-Up; Foreclosures Up Again, DeMarco Dances With Reductions; Bank Of America Sues Itself

Fri Apr 13, 2012 by on Florida Foreclosures

Foreclosures, repos up from last year in South Florida I said after the foreclosure settlement was announced that banks had been given the green light to rev up their foreclosures engines, and in South Florida at least, I’m being proven right. RealtyTrac’s numbers from last month show dramatic year-over-year increases in both new foreclosure filings (85%) and repossessions (39%) in […]