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IPFS News Link • Housing

Congress considers using TARP and 'Eminent Domain' to acquire mortgages

1-15-09 • HousingDoom.com

Taylor and the NCRC are proposing a new government program, using TARP money, whereby the government would “use its power of eminent domain to take troubled properties/loans from mortgage servicers and lenders, so large numbers of loans...

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Reported By Jack Gregson

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Congress considers using TARP and 'Eminent Domain' to acquire mortgages

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