*Letters

Opposing the Use of Eminent Domain to Seize Mortgage Loans in Brockton, MA

Published on:
December 19, 2012
Committees:

SIFMA provides comments to the Brockton, MA City Council cautioning against the idea of using eminent domain to seize mortgage loans from their holders and rework the loans for borrowers.  SIFMA notes that such proposals, if implemented, would have extremely harmful impact on the municipality and mortgage borrowers in the community.

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