Thursday, September 12, 2013

Court Declines Injunction to Block Loan-Seizure Plan

Posted by Me on Facebook on September 12, 2013 at 09:50PM:



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Source:

http://on.wsj.com/188fz96

Description:

The city of Richmond, Calif., moved a step closer to implementing a novel plan to restructure mortgages using its powers of eminent domain when a judge Thursday declined for now to grant an injunction sought by several of the nation’s largest mortgage investors.

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