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- W1641664002 abstract "Following the Great Recession, home prices in many areas plummeted, leaving many homeowners underwater. Today, home prices have not returned to pre-recession levels causing fear that many of these underwater mortgages will default and there will be a flood of new foreclosures. Local governments are now contemplating using the power of eminent domain to condemn these mortgages and reduce the principal owed. This would allow homeowners to build equity and in turn reduce fear of default and foreclosure. This Note analyzes the constitutionality of using eminent domain in this manner and discusses whether it would pass constitution muster under the Fifth Amendment Takings clause." @default.
- W1641664002 created "2016-06-24" @default.
- W1641664002 creator A5079532036 @default.
- W1641664002 date "2013-07-13" @default.
- W1641664002 modified "2023-09-24" @default.
- W1641664002 title "Coming Up for Air: The Constitutionality of Using Eminent Domain to Condemn Underwater Mortgages" @default.
- W1641664002 hasPublicationYear "2013" @default.
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