360° Coverage : Housing regulator warns about ‘eminent domain’ use

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Housing regulator warns about ‘eminent domain’ use

Source: MarketWatch, Aug 8 2012, 1:44pm CDT

5 Comments Tweet Share Digg Yahoo! Buzz MySpace del.icio.us Reddit LinkedIn Fark StumbleUpon Newsvine new Portfolio Relevance LEARN MORE Want to see how this story relates to your portfolio? Just add items to create a p ...

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Update
10

1 hour ago

Eminent Domain for No One's Gain: New London Groundbreaking Ceremony Postponed

Source: Hit and Run  |   May 18 2013, 8:11am CDT

In case you were wondering what’s happening in New London, Connecticut, proud home to the nation's most famous dump, the answer is still a whole lot of nothing. In 2005, the U.S. Supreme Court allowed New London officials to seize an ...

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Update
9

1 day ago

Using eminent domain to fix Newark's foreclosure crisis: Opinion

Source: NJ.com  |   May 17 2013, 8:29am CDT

Community leaders in Newark believe eminent domain could be used to bail out homeowners with underwater mortgages.Joe Raedle/Getty Images file photo The foreclosure crisis has laid waste to Newark and impaired our economic recovery. Wh ...

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Update
8

40 weeks ago


Quote:
"FHFA has determined that action may be necessary on its part to avoid a risk to safe and sound operations at its regulated entities and to avoid taxpayer expense. Additionally, FHFA has concerns that such programs could negatively affect the extension of credit to borrowers seeking to become homeowners and on investors that support the housing market"


Source: MarketWatch

 

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Update
7

1 day ago

Godsil and Simunovich on the Mortgage Crisis and the Ethic of Homeownership

Source: Law Professor Blogs  |   May 17 2013, 5:15am CDT

Homeownership is in crisis. Millions of families are at risk of foreclosure as they are caught between declining housing values and rising interest payments on adjustable-rate mortgages. The primary concern for such families is not t ...

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Update
6

1 day ago

City says Fort Trumbull development delayed

Source: TheDay.com  |   May 16 2013, 10:55pm CDT

New London - The first new construction in Fort Trumbull since the area became the focus of a national fight over eminent domain was delayed Thursday after developers apparently were unable to demonstrate how they were going to finance the $24 million ...

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Update
5

1 day ago

No objections heard to taking Kiernan Plaza by eminent domain

Source: Albany Business Journal  |   May 16 2013, 1:23pm CDT

A digest of important news from sources selected by our local editors. Delivered weekday mornings. DeMasi covers real estate, construction, retail and hospitality. Several civic groups and businesses spoke ...

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Update
4

2 days ago

Private land stolen in Texas via secret eminent domain meetings of local water authority

Source: NewsTarget - Natural Health & Wellness News  |   May 16 2013, 6:18am CDT

(NaturalNews) There is a potential scandal brewing in Texas involving a "long-term property seizure scheme" involving the Tarrant County Regional Water District, in which its employees have been abusing eminent domain privileges and forc ...

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Update
3

2 days ago

Eminent domain the last, best hope for freeing the Hotel Syracuse

Source: Syracuse.com  |   May 16 2013, 6:06am CDT

The absentee owner of the Hotel Syracuse should either redevelop the landmark building or sell it to someone who will. Merely keeping it padlocked is a disservice to residents of Syracuse and Onondaga County who ...

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Update
2

2 days ago

Public hearing today on Kiernan Plaza eminent domain

Source: Albany Business Journal  |   May 16 2013, 5:42am CDT

DeMasi covers real estate, construction, retail and hospitality. A former train station, Kiernan Plaza was saved from ruin decades ago and turned into a banking center. It is now vacant since Bank of America moved out in 2009. The University at Albany ...

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Update
1

2 days ago

Illinois Senate Passes Bill Authorizing the Use of Eminent Domain to Take Property for Casinos

Source: The Volokh Conspiracy  |   May 15 2013, 6:20pm CDT

The Institute for Justice, a leading libertarian public interest law firm that has litigated numerous property rights cases, reports that : The bill passed 32-20 in the state Senate on May 1 and is now bein ...

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