Items Tagged with 'Richmond, California'


  • HUD doubts eminent domain strategy

    The litigation risk alone is overwhelming, HUD's Mincberg says
    Eminent domain plans gained another newsworthy opponent this week. The Department of Housing and Urban Development sent a letter to Congress, questioning the viability of allowing municipalities to seize mortgages to aid underwater borrowers.
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  • Housing Still Sluggish, Employment Gains Modest: Fed Beige Book

    The housing market continues to be sluggish and recent regional upticks in sales spurred by the homebuyer tax credit will decline across the country going forward, according to the latest edition of the Federal Reserve's Beige Book. In addition, reports on employment conditions — arguably the sector to have the most impact on future growth in the housing market — reported mixed, but moderate improvement.
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