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Tag: housing bubble

Housing and The Economy: Are we already in a recession?

Housing Blog

The Housing Bubble A historical fact: The United States has had eleven recessions since World War II.  While pessimistic economic pundits are already forecasting that we are heading towards another recession, the true issue is whether housing ever truly recovered from the last recession of 2007-2009. Interesting, while the New York Times indicated that housing only accounts for three percent […]

Palm Beach Post Editorial: Free ‍houses? The banks would deserve it.

Mon Aug 26, 2013 by on Florida Law News

The following editorial was originally published in The Palm Beach Post and written by Rhonda ‍Swan for The Post Editorial Board and republished with excerpts by  Roy Oppenheim, Oppenheim Law for the South Florida Law Blog. If Floridians continue to get free houses because of the state’s five-year statute of limitation on debt collection, it could be the kick in the pants lenders need to expedite the more […]

Florida homeowners get $9.2 billion in home help

Mon Aug 26, 2013 by on Florida Law News

The following article was written by Kimberly Miller – Palm Beach Post and republished with excerpts by Roy Oppenheim, Oppenheim Law on behalf of the South Florida Law Blog.  WEST PALM BEACH — Florida homeowners received more than $9.2 billion in home loan help through the historic National Mortgage Settlement negotiated last year, exceeding expectations by $800 million, according to a final progress report released […]

Law Review Executive Summary: Black Magic of Securitized Trusts

Deconstructing the Black Magic of Securitized Trusts by Roy D. Oppenheim and Jacquelyn K. Trask-Rahn gives an in-depth analysis of the process of securitizing mortgages and how it has gone awry. The article begins with a focus on the rise of subprime lending, the impact that subprime loans, such as “interest-only” and “negative amortization,” had on the American Dream of […]