... stories surfaced regarding the potential use of eminent domain to seize "underwater" mortgages. First, the city of Newark has indicated that it will begin researching the viability of a plan to condemn troubled mortgages in an effort to allow ...
http://njtoday.net/2013/12/09/new-jersey-dipping-toes-underwater-mortgage-pool/
http://njtoday.net/2013/12/09/new-jersey-dipping-toes-underwater-mortgage-pool/
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