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Robert Siegel

Robert Siegel

Bilzin Sumberg Baena Price & Axelrod LLP


Latest Publications

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Lehman Reaching Beyond the Grave

As widely reported, in the latest Lehman bankruptcy “fundraiser,” managers of the Lehman estate are now demanding millions of dollars from non-profit retirement homes, colleges and hospitals. Lehman claims that it was somehow...more

5/22/2013

TBTF Servicing: Another Issue for Originators to Consider

As widely reported recently, close to 1.2 million borrowers (about 30% of the more than 3.9 million households that faced foreclosure proceedings by the 11 leading financial institutions in 2009 and 2010), had to battle...more

4/18/2013 - Borrowers Foreclosure Mortgage Loan Aggregators Mortgage Loan Originators Secondary Markets

Taking The Easy Way Out Again: Recent OCC/Big Banks Settlement

Any follower of this blog or the mortgage crisis at large will — sadly — not be surprised by the seemingly never-ending news of foreclosure misdeeds by the nation’s biggest banks. Recent news reveals a particularly...more

3/20/2013 - Foreclosure Military Service Members Mortgages OCC Robo-Signing Settlement Wrongful Foreclosures

President Obama Touts Refinancing Plan in State of the Union Address

In his State of the Union Address on February 12, 2013, President Obama called on Congress to make it easier for families to refinance their mortgages. Specifically, the President urged Congress to pass refinancing...more

2/20/2013 - Barack Obama Mortgage Rates Mortgages Refinancing Responsible Homeowner Refinancing Act State of the Union

Bank of America Settlement in Jeopardy?

Bank of America’s $8.5 billion settlement in 2011 to resolve claims over Countrywide’s mortgage abuses may be in jeopardy. Last week, a group of investors, the Triaxx funds and the Federal Home Loan Banks of Boston,...more

2/12/2013 - Bank of America Investors Liens Loans Mortgage Abuses Mortgage-Backed Securities Self-Dealing Settlement Trusts

Florida M&A Market Ranks 4th By Volume In U.S.

According to a recent report from Hype Park Capital, Florida had the 4th most mergers and acquisitions transactions by volume in the United States in 2012 with 517 completed M&A transactions. Despite being better known for...more

1/30/2013

Zombie Title

Think your house has been foreclosed? Think again… As reported by Michelle Conlin at Reuters, when banks fail to follow through on foreclosure of homes, this has serious, often dramatic ramifications for the homeowner....more

1/16/2013 - Abandoned Property Foreclosure Mortgages Zombie Title

Gotcha! Originators Beware of Baseless Claims

Just about every time I think that the demands being asserted on residential mortgage loan originators for mortgage loan “repurchases” or indemnification payments (on account of loans that were originated years ago during the...more

12/13/2012 - Mortgage Loan Aggregators Mortgage Loan Originators Mortgages Repurchases

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