... underwater mortgages the city will "recast it so people can stay in their homes." The city of 53,000 that neighbors Newark has been hard-hit by foreclosures. Officials said nearly 1,800 homes here have been foreclosed on since 2008. Richmond, ...
http://newyork.cbslocal.com/2013/11/16/irvington-officials-look-into-eminent-domain-for-foreclosed-homes/
http://newyork.cbslocal.com/2013/11/16/irvington-officials-look-into-eminent-domain-for-foreclosed-homes/
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