Brockton, Mass., Right In Rejecting Eminent Domain Scheme

Law360, New York (August 26, 2013, 1:23 PM EDT) -- In July 2013, the national Mortgage Bankers Association and approximately 20 state associations asked Congress to bar the Federal Housing Administration, Fannie Mae and Freddie Mac from becoming part of an emerging trend whereby municipalities use eminent domain to seize troubled mortgages. ...

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