Tag Archives: loan

Cities Weigh Eminent Domain for Underwater Mortgages

Posted on August 17, 2012 by The Agency Florida

Several local governments across the country are considering using the power of eminent domain to seize underwater mortgages — a controversial move that has been drawing widespread criticism in recent weeks. While the governments are considering various ways how to … Continue reading →

Posted in Distressed Properties, Mortgage & Finance | Tagged , , , , , , , , , , , , | Leave a comment

Wells Fargo: Too Big to Lend?

Posted on August 13, 2012 by The Agency Florida

A wide variety of watchers are sounding alarm bells over San Francisco-based bank Wells Fargo’s massive share of the home mortgage business. Regulators and lawmakers are concerned about Wells Fargo’s dominance of the mortgage market, as it made 33.1 percent … Continue reading →

Posted in Mortgage & Finance | Tagged , , | Leave a comment