Realtors Launch Campaign Opposing Richmond's Eminent Domain Plan On MortgagesAn association of Contra Costa realtors have started running radio ads in opposition to the City of Richmond's plan to use eminent domain as a way of helping financially struggling homeowners.
Judge Declines Banks' Effort To Block Richmond Eminent Domain Plan On Underwater MortgagesA federal judge in San Francisco sided with the City of Richmond in its effort to take over mortgages from hundreds of struggling homeowners by denying a request from banks for a preliminary injunction because it's too premature to decide.
Richmond Moving Forward With Eminent Domain Plan For Underwater MortgagesThe Richmond City Council voted 4 to 3 early Wednesday morning to continue pursuing the controversial plan, which could use the city’s power of eminent domain to force bondholders to sell underwater loans.
Richmond Reconsidering Eminent Domain Plan For Underwater HomeownersThe Richmond City Council Tuesday evening will consider scrapping the city’s controversial plan to buy struggling homeowners’ underwater mortgages.

More From CBS San Francisco

Get The New CBS SF Bay Area Local App
Got Our Weather App?

Listen Live