Blog posts

Banks fear courts’ ruling on negotiability of promissory notes

May 30, 2013 08:46 EDT Oppenheim Law The banking industry has been asking courts to declare Fannie Mae and Freddie Mac promissory notes negotiable instruments. If they can't convince the courts to do so, then it will be a lot more difficult for them to foreclose on homes.

As the space race slows, the race to break up America’s biggest banks gains speed

May 17, 2013 18:15 EDT Oppenheim Law Canadian astronaut Chris Hadfield's rendition of David Bowie's Ground Control to Major Tom from the International Space Station has gained the space program a whole new group of fans. What does his adventurous spirit have to do with the financial sector? Read on.

Dear Gov. Scott: HB 87 Foreclosure legislation violates constitution

May 15, 2013 10:30 EDT Oppenheim Law South Florida real estate and foreclosure attorney Roy Oppenheim asks Florida Gov. Rick Scott not to sign foreclosure legislation. Oppenheim says the bill violates the constitutional tenant of Ex Post Facto, among other things.

"Banks force-placed insurance practices under microscope"

Mar 31, 2013 09:45 EDT Oppenheim Law More "too big to fail, too big to jail" with force placed insurance. It is a bank insurance product that essentially force homeowners to purchase if they either allow their own policy to lapse – often the result of financial difficulties – or if the lender determines the what the homeowner has is insufficient. Last week, Assurant Inc. received $14 million slap on the wrist....

Florida Foreclosure legislation invites bank fraud

Mar 25, 2013 05:50 EDT Oppenheim Law Florida proposed legislation - HB 87 and SB 1666 - which backers claim will clear the backlog of foreclosure cases in Florida instead invites bank fraud and creates more problems by putting speed ahead of justice.

South Florida’s Rocket Docket Rises Again

Jan 04, 2013 16:37 EST Oppenheim Law Once again foreclosure judges down in Miami-Dade are resorting to old habits, and there is no way I can stand by idly and let the rule of law be trampled on.

The State of Foreclosure: Same As It Ever Was, Same As It Ever Was

Nov 15, 2012 15:31 EST Oppenheim Law Florida remains on the top of the list for states with foreclosure activity, with a filing rate more than double the national average.

Is The Housing Market Actually Rebounding? The Shadow (Inventory) Knows!

Aug 27, 2012 11:14 EDT Oppenheim Law Is the shadow inventory truly something to fear? Real estate attorney Roy Oppenheim says banks are in no rush to eliminate it, but things are improving.

Foreclosure and The Presidential Race: Has Obama Done Enough?

Aug 23, 2012 18:20 EDT Oppenheim Law With the Republican and Democratic conventions fast approaching, housing is finally taking is rightful place as a key campaign issue.

Robo-Motions: The New Robosigning Scandal

Aug 16, 2012 15:53 EDT Oppenheim Law Oppenheim Law is now seeing robosigning creep into others aspects of our legal proceedings in the form of "robo-motions" and their impact could be far more dangerous than any fraudulently signed document we've seen before.