San Bernardino Abandons Eminent Domain Mortgage Plan

The plan to use eminent domain to seize troubled mortgages and write down debt for homeowners failed to garner public support. Alejandro Lazo, Los Angeles Times San Bernardino County and two of its cities abandoned a plan that would use eminent domain to seize troubled mortgages and write down debt for homeowners. The decision strikes […]

John Cusack

Financial Guru Calls John Cusack A Financial Terrorist

Max Keiser & Stacy Herbert Talk About MFI-Miami Article About John Cusack Did you catch today’s Keiser Report on RT? Max Keiser and Stacy Herbert talked about my John Cusack article and his billionaire buddies over at Mortgage Resolution Partners (MRP). They want to use eminent domain to seize performing mortgage contracts. Max and Stacy also […]

John Cusack

Do Friends of John Cusack Want To Steal Money From Grandma?

John Cusack Is Peddling A Plan That Takes Money From Pension Funds And Gives It To His Millionaire Buddies Actor John Cusack should stick to acting. He’s no financial genius. He is peddling a scheme that would take money from grandma’s pension and give it to his millionaire pals. The only problem is that is […]

Bill Would Ban FHA Insurance On Eminent Domain Properties

Jon Prior, Housing Wire Rep. John Campbell, R-Calif., introduced federal legislation Thursday to prohibit the government from backing mortgages in areas where underwater loans are seized through eminent domain. The bill amends Fannie Mae and Freddie Mac charters, forbidding them from financing loans in counties or cities that cleared such eminent domain plans within the previous 10 years. It also keeps […]

Shake And Treble Il Duce DeMarco Threatens Municipalities

Threatens Cities Over Foreclosure Eminent Domain Ben Hallman, Huffington Post Edward DeMarco has opened up a new front on his war against principal reduction. On Thursday, the Federal Housing Finance Agency, which DeMarco oversees as acting director, threatened to take action against local governments considering using the power of eminent domain to write down the […]

Ready to get started?

Speak to a specialist at (888) 737-6344