Wall Street Warns Against Using Eminent Domain to Help End the Foreclosure Crisis

With many areas of the country still digging out from the housing crisis, some local governments are considering taking on the underwater mortgages at a substantially lower price, thus making them more affordable for the borrower.
August 20, 2012
 

With many areas of the country still digging out from the housing crisis, some local governments are considering taking on the underwater mortgages at a substantially lower price, thus making them more affordable for the borrower.

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