South Florida Law Blog

Roy Oppenheim’s commentary was originally published in US News and World Report’s Home Front Blog and is being redistributed on South Florida Law Blog with their permission I have come to keep my expectations low every time a new housing fix gets unveiled, that way I am never disappointed. Whether it’s the national mortgage settlement or the Independent Foreclosure Review, […]

Roy Oppenheim’s commentary was originally published on Yahoo Homes! and is being redistributed on South Florida Law Blog with their permission. The Independent Foreclosure Reviewis dead. Long live the Independent Foreclosure Review. When word came out about this so-called “independent” process last year, few bought into it. I certainly never did, and most homeowners knew from the beginning that it […]

Roy Oppenheim’s commentary was originally published on Yahoo! Homes and is being republished on South Florida Law Blog with their permission. Well the long national nightmare is over. No, not the fraudclosure crisis. Sad to say that legal mess is still being cleaned up years after the bubble burst. I’m talking, of course, of the NFL referees lockout. Believe it […]

It’s pretty hard to find a single housing advocate or foreclosure defense attorney, myself included, who didn’t find the national mortgage settlement to be, at the very least, flawed. It may have been a necessary step to getting the housing market back on track, but we know that it didn’t come close to compensating homeowners who had been illegally kicked […]

Judge Signs $25 Billion Foreclosure Settlement It’s finally official. The so-called $25 billion foreclosure settlement has been signed off by a federal judge. This comes after the settlement was filed in court last month. DC District Judge Rosemary Collyer did the honors Wednesday. I won’t rehash my thoughts about what’s good and what’s bad about this settlement. Everything that needs […]

Well what do you know. Earlier this week I blogged about the mortgage settlement documents and their stunning lack of detail on the frauds committed by the banks during the days of robosigning. I was frustrated because it seems like the complete recklessness of the banks was being whitewashed in order for the settlement to go through. Turns out I […]

In the weeks after the mortgage settlement was announced by the Federal Government, I waited under baited breath to the see it in its entirety. Almost every week I read a different report stating the documents to finalize the settlement were about to be filed in court. And as each reported deadline came and went, I grew more and more […]

Bank of America to Reduce Principal For 200,000 Underwater Homeowners First some good news, if you’ve got an underwater mortgage owned by Bank of America. BofA has come to a separate agreement with the US government to to help reduce some the fines it owes to the Housing and Urban Development Agency from last month’s huge settlement. Bank of America […]