Richmond Says Bondholders’ Suit Over Eminent Domain Too Early

The city of Richmond, Calif., and Mortgage Resolution Partners told a federal judge that a bondholders lawsuit seeking to block it from helping homeowners by seizing mortgages through eminent domain is premature.

Article source: http://www.nationalmortgagenews.com/dailybriefing/Richmond-Bondholders-Suit-Eminent-Domain-Too-Early-1038366-1.html

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