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WSLG134 – Legal Questions Abound Proposals to Use Eminent Domain to Acquire Underwater Mortgages – 7/24/2012

WSLG134 – Legal Questions Abound Proposals to Use Eminent Domain to Acquire Underwater Mortgages – 7/24/2012 published on No Comments on WSLG134 – Legal Questions Abound Proposals to Use Eminent Domain to Acquire Underwater Mortgages – 7/24/2012

Author: David H. Carpenter

Pages: 2

Approximately five years after the housing bubble began to deflate and after the implementation of numerous federal programs geared towards stimulating the housing market, many cities across the country are still contending with numerous underwater mortgages that fuel foreclosures, drag economic recovery, and cause other collateral damage.

 

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