Showing posts with label mortgage seizer. Show all posts
Showing posts with label mortgage seizer. Show all posts

Monday, October 7, 2013

Judge allows eminent domain plan to seize private mortgages to proceed


by Megan Hopkins 

A federal district judge shut the door on Wells Fargo's (WFC) attempt to prevent the rollout of a controversial eminent domain rescue plan for underwater borrowers in Richmond, Calif.

U.S. District Court Judge Charles Breyer dismissed the bank's push for an injunction without prejudice, claiming the case was not