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On Thursday, the Federal Housing Finance Agency (FHFA) sent a strong message discouraging municipalities from using eminent domain to help bail out distressed homeowners — dramatically changing the tenor of a closely watched legal.
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Orr said the "Major 21st Century Manufacturing Zone Act" does nothing to change or broaden eminent domain laws. In.
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WASHINGTON (Reuters) – Fannie Mae and Freddie Mac may be barred from buying home loans in cities that are threatening to use "eminent domain" legal powers to seize mortgages, their regulator said on Thursday. The Federal.
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