Posts Tagged ‘richmond california’

Eminent Domain to Solve the Housing Crisis – PART 2 with Prof. Robert Hockett

Written on 11 Feb, 2014 at 11:37

Eminent domain is not only being considered as a solution to the housing crisis by Richmond, California... there are now some TWO DOZEN CITIES across the country considering the plan authored by Professor Robert Hockett of Cornell University Law School.... (Continue reading)

Our Housing Market’s Recovery is Eminent… Get It?

Written on 10 Jan, 2014 at 11:43

Despite some very nasty threats of retaliation from Wall Street and Washington, something like two dozen new cities are now reportedly joining the efforts to potentially head off home foreclosures by using eminent domain to seize mortgages and write them... (Continue reading)

Tagged with: #eminentdomain #housingrecovery American Civil Liberties Union American Securitization Forum ASF ASF Executive Director Tom Deutsch bank of america California Cornell law professor Robert Hockett Department of Housing and Urban Development diana olick discussing the use of eminent domain economic recovery economy eminent domain Federal Housing Finance Agency foreclosure crisis foreclosures HAMP hockett's municipal plan Housing Crisis and Policy Solutions housing hype housing market recivery housing market recovery impac mortgage Jeb Hensarling jpmorgan chase loan modification loan modifications Making Home Affordable Plan mandelman mandelman matters martin andelman mortgage crisis mortgage refinancing mortgage servicers municipal plan NACA prevent foreclosure richmond richmond california Richmondâ€™s Mayor Gayle McLaughlin Robert Hockett Securities Industry and Financial Markets Association seize mortgage seize mortgages and write them down for homeowners SIFMA trial modifications