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Tag: property

Divided States of America: Judicial vs Non-Judicial Foreclosure

Roy Oppenheim’s commentary was originally published on Yahoo! Homes and is being redistributed on South Florida Law Blog with their permission. According to some analysts, whether or not your state is on its way to a housing recovery depends on whether you live in a state that requires judicial foreclosure or one that does not. What is the difference? In […]

Friday Round-Up — Bank Of America Makes Deal; Return of Rocket Docket?; Foreclosed Military To Receive Pay Day

Fri Mar 9, 2012 by on Florida Law News

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 […]

Florida Fair Foreclosure Act? Fair to Whom?

Banks need to get their massive foreclosure backlog off the books. There are over 368,000 cases in Florida. I get that. Getting these properties into the hands of families who can afford them, that is what I want to see. It’s needed to jump start the economy, and no one wants to see the banks out of the neighborhoods more […]

Foreclosure Mills, Bank Fraud and the Housing Market — 2011's Top Headlines Pt. 2

Continuing our list here’s Pt. 2 of our Top 10 stories for 2011 — #5 — Foreclosure Fraud Files Released As 2011 got underway we were presented with a fascinating yet disturbing report by the Florida Association of Court Clerks called “Unfair, Deceptive and Unconscionable Acts in Foreclosure Cases”. It brought these horrible practices into the harsh light of day. […]

60 Minutes: Underwater Homes? Everyone’s getting wet!

The world is upside down again: Banks are walking away while homeowners are staying to fight for their neighborhoods. That’s what the team at Oppenheim Law realized after watching 60 Minutes’ latest piece on the foreclosure crisis. This time Scott Pelley focused on a neighborhood in Cleveland where officials has resorted to tearing down what were once perfectly good homes. […]

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