Here's proof the housing bubble is about to burst

In California, a reversal of foreclosure fortunes

Lenders adapt to the homeowner bill of rights

Remember Ellie Mae’s cyber attack? It didn’t happen

No evidence of malicious attack found
W S
Servicing / The Ticker

Counties may follow Calif., abandon eminent domain proposals

/ Print / Reprints /
| Share More
/ Text Size+

San Bernardino County, Calif., on Thursday abandoned a bold proposal to ease the foreclosure crisis by using eminent domain to take over houses with underwater mortgages, a retreat experts say will likely make other municipalities in California and beyond think twice about adopting a strategy certain to face drawn-out legal challenges from the banking industry.

Source: Law360
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus