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Tag: Oppenheim Law

Drug Dealer or Florida Homeowner: Who Does Constitution Really Protect?

Mon Dec 19, 2011 by on Florida Law News

The Oppenheim Law editorial team found this ironic: A drug dealer has more constitutional rights to protection from the government in his home than your average homeowner in foreclosure. In a case being appealed to the United States Supreme Court, the Florida Supreme Court recently held that because the “home” has a long standing history of receiving additional constitutional protect […]

S&P Downgrades USA. The Response: USA Downgrades S&P

Sun Aug 21, 2011 by on Florida Law News

We all know that you shouldn’t pick a fight with someone stronger than you. Apparently, no one chose to tell Standard and Poor’s (S&P). The ratings agency, which recently downgraded the American government’s debt rating, is now being investigated by the Justice Department for its role in the mortgage-backed securities bonanza. While the New York Times is reporting that the […]

Short Sale Deficiencies Now Illegal in California. What About Florida?

Thu Jul 28, 2011 by on Florida Law News & Short Sales

Welcome back to the Divided States of America. Oppenheim Law has been discussing the chasm that exists in our country between recourse and non-recourse states for years. (Check out Roy Oppenheim’s Op Ed piece in the Sun-Sentinel) It now appears that rift is widening. In non-recourse states, like California, a lender may not pursue a deficiency following a foreclosure sale […]

Foreclosures to Rentals. Obama Finally Listens to Oppenheim Law

Taking a cue from Oppenheim Law, the Obama Administration is mulling over plans to reduce the number of foreclosed homes on the market by renting them out, according to the Wall Street Journal. As the large inventory of distressed homes on the market continues to push a reduction in home prices as well as an increase in rental prices, the […]

Foreclosure Notice by Facebook: Banks New Advantage Over Homeowners

What does the digital future of foreclosures look like with social networks like Facebook? Oppenheim Law explores how living in a gated community or hanging out on Facebook may impact the foreclosure process. In the never-ending battle by the banks to make things just a little easier for them, courts in Australia began to authorize banks to serve foreclosure proceedings […]

Hooray for Sheila Bair, a Regulator Who Stood Up for the Little Guy

Three cheers for Sheila Bair, the former head of the FDIC and a true advocate for the little guy, who resigned this week on July 8th. She fought for what is right for the homeowner, the depositor and the taxpayer. Shelia was probably the only person in the Obama administration who really “got it.” As a financial regulator, she understood […]