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John Cusack, Arianna Huffington Talk Eminent Domain Proposal To Help Underwater Borrowers (VIDEO)

John Cusack, the actor famous for roles in "Say Anything..." and "High Fidelity," joined Arianna Huffington on HuffPostLive Monday to discuss an innovative solution to the housing crisis.The plan, which is the brainchild of John Vlahoplus, chief strategy officer at Mortgage Resolution Partners, would give municipalities the ability to help
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Feds Say No Way to Using Eminent Domain to Help Underwater Homeowners

Business & Finance : The Curious Capitalist (last year)

On Thursday, the Federal Housing Finance Agency (FHFA) sent a strong message discouraging municipalities from using eminent domain to help bail out distressed homeowners — dramatically changing the tenor of a closely watched legal d... Read Post

El Monte considers eminent domain plan for underwater mortgages

Business & Finance : Money & Co (last year)

El Monte is considering a novel and controversial plan to take over underwater mortgages using its eminent domain power -- an idea highly unpopular among representatives of the financial industry but backed by anti-Wall Street group... Read Post

Financial Guru Max Keiser Calls Actor John Cusack A Financial Terrorist

Business & Finance / Mortgage & Banking : Mortgage Lender Implode-O-Meter (2 years ago)

Max Keiser talks about MRP using people like actor John Cusack and Arianna Huffington into misleading cities and foreclosure activists about MRP's eminent domain plan. What MRP wants to do is not seize abandoned homes and homes alre... Read Post


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