RE Investment Firm Pressuring States To Use Eminent Domain To Solve Housing Crisis

Matthew Goldstein and Jennifer Ablan, Reuters via Huffington Post Here’s a controversial but intriguing approach to the U.S. housing crisis: keep cash-strapped residents in their homes by condemning their mortgages. A mortgage firm backed by a number of prominent West Coast financiers is pushing local politicians in California and a handful of other states hardest hit […]