Archives For: eminent domain
Panel Pushes City Eminent Domain in Newark “Foreclosure Crisis”
LOCALTALKNEWS.COM released an article discussing a recent panel convened by Communities United NJ regarding the city’s use of eminent domain to halt the foreclosure of blighted properties.
7 Aug 2015
Glens Falls, NY Set to Begin Eminent Domain Proceedings
On May 27, the Glens Falls Post-Star published an article titled City to use eminent domain to pressure banks to clean up foreclosure properties.
12 Jun 2015
San Francisco Controller’s Report Discourages Eminent Domain Use
On February 5, Bloomberg published an article discussing San Francisco Controller Ben Rosenfield’s recent report warning of potential negative impacts from the city’s participation in an eminent domain program designed to help homeowners avoid foreclosure.
9 Feb 2015
Eminent Domain for Mortgages
On January 12, Commonwealth Magazine released an article discussing the idea of using a municipality’s powers of eminent domain to aid homeowners facing foreclosure.
13 Jan 2015
Spending Bill Bans FHA from Financing Eminent Domain Loans
On December 12, National Mortgage News released an article discussing a provision in the $1.05 trillion cromnibus appropriations bill that would ban the Federal Housing Administration from refinancing loans that have been seized through eminent domain.
12 Dec 2014
Plans to Use Eminent Domain on Mortgages Stall, But Concerns Remain
On December 8, National Mortgage News published an article discussing the issue of muncipalities using eminent domain to seize underwater mortgages.
9 Dec 2014
San Francisco Debates Eminent Domain for Mortgages: Muni Credit
On December 7, Bloomberg published an article discussing a proposal for the city of San Francisco to use eminent domain to take over loans on property with a market value below the mortgage amount.
8 Dec 2014
California MBA Chairman Publishes Editorial Opposing San Francisco Eminent Domain Proposal
On October 6, the San Francisco Examiner released an editorial titled Mortgage-seizure idea: A solution in search of a problem?
8 Oct 2014
New York City Considering Eminent Domain to Prevent Foreclosures
On June 25, HousingWire published an article titled Is Eminent Domain Coming to New York City?
26 Jun 2014
Eminent Domain Mortgage Seizures Down But Not Out
On June 16, American Banker published an article titled Eminent Domain Mortgage Seizures Down But Not Out.
17 Jun 2014