ALERT! Local Government/Eminent Domain/Mortgage Refinance Scam Surfaces!

via SF Gate:

“The company’s Homeownership Protection Plan is pitched as a partial cure for hard-hit housing markets, but critics say it is an abuse of eminent domain that could raise borrowing costs for homeowners in communities that adopt it and possibly borrowers nationwide if it were to be upheld by the Supreme Court.”

http://www.sfgate.com/business/article/Eminent-domain-home-loan-plan-creates-ruckus-3690485.php

 

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