Posts Tagged ‘Jeff Wright’
Foreclosure prevention program may not assist those most in need
Richmond Confidential obtained a list of 602 of the 624-targeted mortgages, which we’ve mapped. When comparing a map of the homes the city has targeted for assistance to a map of foreclosed properties in the city, one thing is clear: They’re pretty different.
Read MoreRealtors and residents debate Richmond’s eminent domain plan
Last Night’s gathering at the Police Activities League was pegged as a “debate” on the pros and cons of the city’s plan to buy or seize 624 underwater mortgages.
But only the opponents’ spokesman showed up.
California Realtors Associations campaign against eminent domain plan
Richmond’s plan to seize underwater mortgages through eminent domain has come under sharp criticism. Opponents claim that the plan could depress property values, and end up costing the city millions of dollars in lost revenues and legal fees. The West Contra Costa Association of Realtors (WCCAR), which is receiving financial backing from the California Realtors…
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