Richmond, Calif., City Council approves eminent domain plan to seize mortgages

By Inman News Feed
Add Comment Add Comment | Comments: 0 | Posted Sep. 11, 2013

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The city council of Richmond, Calif., in the San Francisco Bay Area, has approved a plan that would allow the city to seize underwater mortgages in an attempt to keep homeowners in their homes. The plan calls for the city ...

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