AMI Releases Podcast Highlighting the Negative Aspects of the Eminent Domain Loan Condemnation Plan
The Association of Mortgage Investors released the following podcast. AMI’s Executive Director explains how the proposed local government Eminent Domain loan condemnation plan will harm everyone in the Inland Empire, including those who have played by the rules concerning their mortgage payments and their 401K and other pension savings.
Further, the proposed plan will likely depress home values further, prevent lending, and drive away economic development from the county.
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Click the following link for the Quicktime version: AMI_ExecDir_EmDom_JPA_July2012_long
Click the following link for the MP3 (audio only) version: AMI_Exec_Dir_Em_Dom_podcast_July2012_long