The Washington Post

The ins and outs of using eminent domain to keep people out of foreclosure.

  • MIke Konczal
  • ·
  • Sep 21, 2013
  • ·

Ominous signs from the bond market and a lawsuit from Wells Fargo fail to derail a novel strategy for preventing foreclosures.

Tonight, Richmond votes on whether to scrap plans to help underwater homeowners using eminent domain, and perhaps kill the scheme altogether.