FHFA Notice on Use of Eminent Domain to Restructure Performing Loans

Orrick - Finance 20/20
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On August 6, the FHFA sent a notice to the Federal Registry indicating its concern with the proposed use of eminent domain to restructure performing home loans and to solicit public input. Submissions must be received by September 7. FHFA Release. FHFA Notice.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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