From Housing Wire: “The pushback against eminent domain is growing. And if the Mortgage Bankers Association needed the backing of the housing agencies and regulators to steer counties away from eminent domain proposals, it looks like they got it…”
Read more at:
http://www.housingwire.com/articles/26164-hud-doubts-eminent-domain-strategy
More on Richmond, CA’s strategy for underwater mortgages: nyti.ms/15rTLYd
