 NBCNews.com | Cusack Spars With Pimco On Underwater Mortgages as Risk Recedes San Francisco Chronicle 16 (Bloomberg) -- Local governments from New York to California are increasingly considering plans to seize mortgages to protect their housing markets against homeowners abandoning properties with values below what they owe. They may be a year too ... Governments mull radical solution to underwater mortgages: seize them San Bernardino Eminent Domain Proposal Arousing Concern From Mortgage ... Local Governments Consider Eminent Domain To Seize Underwater Mortgages |
