Over the next two years, Democrats have the unfettered ability to be an albatross around the neck of the GOP — and to make sure that what little they manage to get done due to their paper-thin majorities becomes the reason for their undoing.
Federal Housing Administration
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Revealed: How Cities Are Seizing Underwater Mortgages Through Eminent Domain
Officials have discovered that they can use their eminent domain power to buy underwater mortgages at their current market value and resell them to homeowners at reduced price and mortgage payments.
