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Author Topic: California foreclosure story.  (Read 166 times)

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Offline Conan The Librarian

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California foreclosure story.
« on: July 13, 2012, 02:45:36 AM »
The homes are not in foreclosure, but the loans are “under water”. The loan payments must be up to date. I don’t see what problem is to be solved by this heavy handed tactic. Note that one of the politicians behind this stands to gain.

http://www.npr.org/2012/07/13/156683302/county-considers-eminent-domain-as-foreclosure-fix
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