Underwater Homeowners

No Marriage for Mortgage Resolution Partners Yet (But Proposal Still Being Considered)

by Krystyna Blakeslee | Dechert LLP on 4/8/2013

Last summer, we at Crunched Credit wrote (here, here and here) about Mortgage Resolution Partner’s (“MRP”), a San Francisco-based venture-capital firm, proposal whereby underwater performing residential mortgage loans held in...more

Financial Services Legislative And Regulatory Update -- February 18‚ 2013

by Abby Matousek, Jason M. Rosenstock | Mintz Levin - Public Finance on 2/19/2013

In This Issue: Leading the Past Week; Legislative Branch; Executive Branch; and Upcoming Hearings. Excerpt from Leading the Past Week - President Obama touched on both new and old initiatives in his State of...more

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

by Rick Rayl | Nossaman LLP on 1/28/2013

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...more

San Bernardino Not Moving Forward with Proposed Plan to Condemn Underwater Mortgages

by Rick Rayl | Nossaman LLP on 1/25/2013

For the better part of a year, we've been writing about the controversial proposal to use the power of eminent domain to condemn underwater mortgages, allowing homeowners to have a new loan that better reflects the underlying...more

Big Year For Published Eminent Domain Decisions

by Brad Kuhn, Rick Rayl | Nossaman LLP on 1/15/2013

Originally Published in Daily Journal, January 15, 2013. As we look back on 2012, federal funds continued to make their way to local projects and shovels continued to break ground for infrastructure projects. This led to...more

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No Marriage for Mortgage Resolution Partners Yet (But Proposal Still Being Considered)

Financial Services Legislative And Regulatory Update -- February 18‚ 2013

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

San Bernardino Not Moving Forward with Proposed Plan to Condemn Underwater Mortgages

Big Year For Published Eminent Domain Decisions

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