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Tag: South Florida

Does Surrender Mean Surrender When Filing Bankruptcy During Fla. Residential Foreclosure?

Wed Nov 16, 2016 by on Florida Law News

Summary: Filing Bankruptcy during a Fla. residential foreclosure case? The Eleventh Circuit holds that in a Chapter 7 Bankruptcy, when a debtor decides to surrender the property, that surrender is both a surrender to the trustee as well as to the creditor. Which means, that surrender means surrender . . . to effectively give up the property and give up your […]

Breaking News: Florida Supreme Court Rules on Bartram Regarding Statute of Limitations in Foreclosures

Thu Nov 3, 2016 by on Florida Law News

After much anticipation, the Florida Supreme Court has finally issued its written opinion in US Bank v. Bartram.  The crux of this seminal case was whether the Banks after facing an involuntary dismissal of a prior foreclosure action are precluded from filing a subsequent foreclosure lawsuit more than five (5) years after the loan was accelerated.  As you can imagine, […]

U.S. Government attempts to scare “secret buyers” in Miami-Dade County, Florida and Manhattan, New York

Fri Jan 15, 2016 by on Florida Law News

[VIDEO: Secret Real Estate Buyers May Become Scarce in Miami-Dade County] The U.S. Financial Crimes Enforcement Network (FinCEN), a division of the U.S. Treasury Department, announced a temporary crackdown on secret real estate buyers in Miami-Dade and New York City. The Geographic Targeting Order (GTO) will temporarily require certain U.S. title insurance companies to identify the natural persons behind the […]

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 […]

Fast foreclosure [HB 87] bill is a bad idea Roy Oppenheim tells Channel 2's Helen Ferre

Wed Jun 5, 2013 by on Florida Law News

It’s been nearly a week since the fast foreclosure bill HB 87 landed on Gov. Rick Scott’s desk for his signature. The bill, passed by the Florida Legislature during the last session, would speed up foreclosures and, in the process, deny many homeowners whose homes have been foreclosed upon their due process rights. With thousands of foreclosure cases languishing in […]