Eminent Domain Debate for Mortgages Revived by Fed Paper

A report by a visiting professor at the New York Federal Reserve is reviving the debate over using government powers of eminent domain to seize mortgages of underwater homeowners to ease their debt.

Article source: http://www.nationalmortgagenews.com/dailybriefing/eminent-domain-debate-for-mortgages-revived-by-fed-paper-1036892-1.html

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