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Tag: subprime mortgage crisis

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 […]

Eminent Domain: A Foreclosure Fix From The Trenches

Tue Jul 24, 2012 by on Foreclosure Law

Roy Oppenheim’s commentary was originally published on Yahoo! Homes and is being redistributed on South Florida Law Blog with their permission. Eminent domain, where the government can seize properties without an owner’s consent, is meant to be used for significant public benefit. Usually when the government takes a home under eminent domain, it is expanding a road or building an […]

An Open Letter To President Obama

Wed Jun 13, 2012 by on Florida Law News

Dear Mr. President: As you know historically, since the great depression, refinancing mortgages has been this country’s exit strategy when it comes to pulling us out of the economic ditch. So it’s nice to see that you are now pushing Congress to pass refinancing reform. It’s the most effective and efficient way to craft a bailout that actually helps everyone. […]

How Some States Are Spending Foreclosure Settlement Money Is Far From Settling

Fri May 18, 2012 by on Florida Foreclosures

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 […]

Friday Round-Up; Foreclosure Settlement Signed; Oversight Begins; Palm Beach Foreclosures Jump; Feds Offer REO Rental Rules

Fri Apr 6, 2012 by on Florida Law News

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 […]