TITLE

Eminently Unsuitable

PUB. DATE
August 2012
SOURCE
National Mortgage News;8/27/2012, Vol. 36 Issue 47, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article offers information on the U.S. Federal Housing Finance Agency (FHFA) which has announced that it would stop the use of eminent domain by any state or local municipality of the country. It informs that this would seize the properties and refinances the loans and is therefore expected to be disliked by the holders of mortgage-backed securities, lenders and the FHFA.
ACCESSION #
82739702

 

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