The Law Blog

http://www.oppenheimlaw.com Roy Oppenheim of Oppenheim Law is one of the premier foreclosure defense attorneys in the country. He says these three stories on this investigative report by Stephen Stock on CBS4 that aired on September 28, 2010 are the rule rather than the exception.

“What they’re trying to do is trying to keep your mortgage not in default and make you keep paying as long as possible, stringing you along,” said Oppenheim.

The mortgage lenders keep “putting you in a trial modification, getting some money out of you,” said Oppenheim. “(They hold) out this idea that you’re going to get this modification at the end. And then at the end, for no reason, no explanation, whatsoever (they end up) saying you’re not qualified.”

Banks and law firms are under fire with the recent GMAC admission that it filed false foreclosure documents. Bad documentation, falsely notarizing signatures, and the courts pushing homeowners through the foreclosure process (also known as the “rocket docket”) are coming to a quick halt as the tides turn on the banks in favor of the homeowner.

“It’s as if the curtain has finally been pulled back,” said Roy Oppenheim, a legal blogger and foreclosure defense attorney who has been predicting this house of cards for the past two years on his South Florida law blog. “The world now has evidence to what ends the banks will go to falsify documents and encourage individuals to perjure themselves by falsely notarizing signatures.”

The problem of underwater mortgages is so widespread that the federal government has put aside $14 Billion in a series of programs meant to encourage banks to modify loans and give homeowners relief.

http://www.oppenheimlaw.tv Oppenheim lectures live on the web every first wednesday of the month at 6pm and writes a blog about how homeowners can defend themselves.

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