Latest Robo-Signing Settlement Bittersweet for Consumers

Feb 27, 2013 06:00 EST Oppenheim Law LPS, a subsidiary of Docx received what seems a slap on the wrist for the robosigning debacle. And, federal prosecutors requires them to pay $35 million in fines, and to promise never to do it again. That fine comes on top of a $120.6 million settlement agreement with attorneys general in 46 states and Washington, D.C. to resolve similar allegations relating to housing, mortgages and fraud..

Foreclosure Settlement May Signal End to Robo-signing Probes -- HousingWire

Jan 08, 2013 11:21 EST Oppenheim Law Roy Oppenheim, the owner of a Florida law firm that deals in foreclosure defense, sees the settlement as an initiative that may be good for the economy, but he's worried about what it says for jurisprudence in the U.S.

Nation’s largest banks in settlement to pay $8.5B in mortgage assistance -- South Florida Business Journal

Jan 07, 2013 14:15 EST Oppenheim Law Weston attorney Roy Oppenheim, who specializes in foreclosure defense, said the IFR panels weren’t truly independent because the banks hired and paid the reviewers, who often didn’t have much experience.

Few Floridians apply for foreclosure compensation -- Palm Beach Post

Jul 06, 2012 10:06 EDT Oppenheim Law “If you’re waiting for the government cavalry to ride in and make everything alright, I’m sad to say you’ll be waiting a long time,” said foreclosure defense attorney Roy Oppenheim, of Oppenheim Law in Weston. “

Short Sales Soar as Home Foreclosures Fall -

Apr 27, 2012 09:37 EDT Oppenheim Law “When the robosigning crisis hit, there was effectively an 18-month moratorium on foreclosures,” said Roy Oppenheim, a foreclosure defense attorney with Oppenheim Law in South Florida.

Critical Conversations: Banking and Finance - South Florida Business Journal

Apr 13, 2012 13:31 EDT Oppenheim Law The holy grail of homeownership appears to be over for now, according to the South Florida Business Journal's Critical Conversation panelists, including Weston foreclosure defense attorney Roy Oppenheim.

Banks OK foreclosure settlement that could give state homeowners $8.4 billion - Palm Beach Post

Mar 13, 2012 10:38 EDT Oppenheim Law "I was most concerned that there would be some sneak releases for things that we think the banks should be held liable for," said Roy Oppenheim of Oppenheim Law in Weston. "But they are not being released from suits against MERS or securitization."

Mortgage deal is broadest action taken in foreclosure crisis

Feb 10, 2012 14:12 EST Oppenheim Law "Everyone gets their comeuppance," says Roy Oppenheim in reaction to the robosigning settlement in today's USA Today.

$8.4 billion from foreclosure settlement to help Florida homeowners

Feb 09, 2012 21:40 EST Oppenheim Law Roy Oppenheim said in today's Palm Beach Post the banks are taking only a $5 billion hit nationally with the cash payment owed to the states and federal government.

Florida gets $8.4 billion share of foreclosure settlement

Feb 09, 2012 21:09 EST Oppenheim Law Nearly half of Florida's take could trickle down to Palm Beach, Broward and Miami-Dade counties, mostly in the form of loan modifications and other relief, Roy Oppenheim told the Sun-Sentinel.