San Bernardino County residents push back against eminent domain

It’s not often we go an entire week without a blog post, but last week was a bit hectic on our end. Here’s a few California eminent domain and infrastructure updates from throughout the week: San Bernardino Eminent Domain: In its article "IVDA approves eminent domain for Tippecanoe widening," The Riverside Press-Enterprise is reporting that the.

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In a stunning reversal, San Bernardino County on Thursday abandoned a plan to restructure underwater mortgages through the use of eminent domain, citing a lack of support from the community. San Bernardino County Chief Executive Officer Greg Devereaux said at a hearing Thursday that he would not.

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San Bernardino County residents push back against eminent domain Eminent domain shelved in San Bernardino Jon Prior was a reporter with HousingWire through late 2012.

San Bernardino County and two of its cities have decided not to pursue a proposal to use eminent domain to seize underwater mortgages from mortgage-backed securities and write down the principal.

This story has been updated with comments from San Bernardino County. Groups that represent the interest of mortgage bond investors have been caught off guard by a move San Bernardino County, Ca might make to use eminent domain to buy underwater mortgages with the help of wealthy private investors and a San Francisco based venture capitalist firm.

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Real Estate Exam Prep: Government Rights in Private Land SAN BERNARDINO COUNTY: Eminent domain plan gets agency. – A federal agency is reviewing a proposal to use eminent domain to acquire "underwater" mortgages that is under consideration in San Bernardino County and other jurisdictions around the country.

Current Employment Statistics – San Bernardino County. –  · Current Employment by Industry (CES) data reflect jobs by "place of work." It does not include the self-employed, unpaid family workers, and private household employees. Jobs located in the county or the metropolitan area that pay wages and salaries are counted although workers may live outside the area. Jobs are counted regardless of the number of hours worked.

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Existing holders are also receiving about $75 billion annually in principal repayments, such as from foreclosure sales, some of which may be plowed back. in San Bernardino County, California and.

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