More Reports on San Bernardino's Decision to Abandon Underwater Mortgage Eminent Domain Plan
Posted in Projects

Given how much publicity the proposal to condemn underwater mortgages received when it first appeared last summer, I suppose it's not surprising that San Bernardino's decision last week not to move forward has also garnered a lot of attention.  Still, it's been hard to keep up with the many articles on the subject these past few days.

If you're trying to keep up as well, here are a number of pieces published over the last few days:

There's also apparently an article coming out in the February 4 New Yorker about the issue.  I don't subscribe so I can't access the entire thing, but here's a link to the abstract of the piece by Tad Friend, apparently entitled Can an entrepreneur’s audacious plan fix the mortgage mess? 

Happy Reading!

  • Rick E. Rayl
    Partner

    Rick Rayl is an experienced litigator on a broad range of complex civil litigation issues.  His practice is concentrated primarily on eminent domain, inverse condemnation, and other real-estate-valuation disputes.  His public ...

California Eminent Domain Report is a one-stop resource for everything new and noteworthy in eminent domain in California. We cover all aspects of eminent domain in California, including condemnation, inverse condemnation, and regulatory takings. We also keep track of current cases, project announcements, budget issues, legislative reform efforts, and report on all major California eminent domain conferences and seminars.

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