Eminent Domain Seen Unlikely in California City

Richmond, Calif.s plan to keep homeowners out of foreclosure by seizing underwater mortgages through eminent domain is unlikely to be successfully implemented, according to Moodys Investors Service.

Article source: http://www.nationalmortgagenews.com/features/eminent-domain-seen-unlikely-in-california-city-1038012-1.html

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