Eminent Domain Bid for California Mortgages Rejected – Wall Street Journal (blog) - InvestingChannel

Eminent Domain Bid for California Mortgages Rejected – Wall Street Journal (blog)

Wall Street Journal (blog)

After months in the spotlight, a group formed by three Southern California municipalities has backed down on a plan to seize and restructure troubled home loans. The local group, whose mission includes addressing the problem of underwater mortgages, ? San Francisco Chronicle (blog)