Richmond Says Bondholder Suit Over Eminent Domain Too Early

The city of Richmond and Mortgage Resolution Partners say a bondholders lawsuit seeking to block it from seizing underwater mortgages through eminent domain is premature and should be dismissed.

Article source: http://www.nationalmortgagenews.com/dailybriefing/Richmond-Bondholder-Suit-Eminent-Domain-Too-Early-1038406-1.html

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