Tag Archives: Eminent domain

Richmond, Calif.’s Eminent Domain Proposal Could Have A Far-Reaching Impact On The U.S. RMBS Market

When Standard & Poor’s Ratings Services commented on the credit impact of eminent domain proposals to seize mortgages pledged to residential mortgage-backed securities (RMBS) last year, we considered the likelihood of implementation remote. However, recent developments suggest that the possibility of such eminent domain proceedings has increased, although only in a few jurisdictions. Because of […]

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