John Cusack Brings Star Power to Sexy Eminent-Domain-for-Mortgages Hearing in Chicago
Mortgage Resolution Partners has been on a tour of foreclosure-racked cities, pitching them on a plan: seize underwater properties through eminent domain at fair market value—i.e. less than the value of the mortgage—refinance it through the feds, and let MRP deal with them.
Moser, Whet Chicago Mag 14 August 2012.