Wall Street Warns against using Eminent Domain to Seize Underwater Mortgages

Posted on August 20, 2012 by

The Hill, By Peter Schroeder, August 20th, 2012
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.
http://thehill.com/blogs/on-the-money/1091-housing/244289-wall-street-warns-against-using-eminent-domain-to-seize-underwater-mortgages

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This entry was posted in Financing, Foreclosure, Len & Leslie Marma, Market Conditions, Marshfield Real Estate, Mortgage and tagged , , . Bookmark the permalink.

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