Saturday, August 25, 2012

Wall Street warns against using eminent domain to seize underwater mortgages - The Hill (blog)

Wall Street warns against using eminent domain to seize underwater mortgages - The Hill (blog)

Wall Street warns against using eminent domain to seize underwater mortgagesThe Hill (blog)Heavy hitters in the financial industry are lining up against a new idea brewing among local government officials to help struggling homeowners by seizing control of their mortgages through eminent domain. With many areas of the country still digging ...Chicago considers eminent domain to curb foreclosuresWBEZ (blog)It's wrong to condemn property simply to boost housing marketsWalla Walla Union-Bulletinall 3 news articles »

more info...