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Tag: interest rates

Fannie Mae: Housing engine gains momentum, back on track

Tue Aug 27, 2013 by on Florida Law News

By Roy Oppenheim, Esq. | Yahoo! Contributor Network and republished in the South Florida Law Blog COMMENTARY | It’s taken a while for America’s economic engine to gain some speed, but it finally appears that the nation is back on track after having derailed when the housing market crashed. Mortgage giant Fannie Mae, which keeps tabs of such things, has released its full-year forecast for both the […]

Take My House

Wed Jul 17, 2013 by on Florida Law News

The following article was written by Roy Oppenheim, Esq. for the   South Florida Law Blog. The late comedian Henny Youngman was known for his rapid-fire, one-liners – and is probably best know for this one in particular: “Take my wife … please!” That’s also the line a lot of folks were saying at the height of the real estate crisis, except they replaced […]

How Will the Libor Scandal Impact Main Street?

Roy Oppenheim’s commentary was originally published on Yahoo! Homes and is being republished on South Florida Law Blog with their permission. The residential real estate market is beginning to show real signs of life. Home values have posted their first annual increase in nearly five years, acccording to the latest Zillow index, which is a well-respected year-over-year analysis of the […]

House Flippers Getting Mortgage Relief? Obama Expands HAMP

Homes need to be occupied. That is the bottom line. Today’s housing market needs a dramatic overhaul and it’s been long overdue for a fix. So we don’t have the time to be contemplating moral hazards anymore. So I’m OK with President Obama extending mortgage assistance to owners of multiple homes. According to Bloomberg, the administration will open up the […]