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Tag: eminent domain

California cities eye plan to seize mortgages | NBC News

July 17, 2012July 17, 2012 ~ CBPS ~ Leave a comment

Typically, eminent domain has been used to clear property for infrastructure projects like highways, schools and sewage plants. In this case, supporters say, the public purpose is served because communities battered by foreclosures have seen tax rolls decimated and services gutted and have suffered economic blight.

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