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Tag Archives: Mortgage Resolution Partners
Richmond, California, Plans to Use Eminent Domain to Seize Underwater Mortgages
Over a year ago, I blogged about San Bernardino County’s radical plan to explore the option of using eminent domain to seize underwater mortgages in an effort to staunch its foreclosure crisis (see here and here). In January 2013, San … Continue reading
California Counties Take A Closer Look at Eminent Domain Homeowner Bailouts While Legal Experts and Industry Leaders Debate Its Legality
San Bernardino County is moving forward with its plan to explore the option of using eminent domain to seize underwater homes in an effort to staunch its foreclosure crisis. I previously blogged about San Bernardino taking a first step in … Continue reading