6.29.12 – Earlier this month, San Bernardino County expressed interest in using Eminent Domain to seize underwater mortgages. The news went National in a matter of days, and the outrage has been expressed by people and organizations in all different sectors. Not only is this an unprecedented invasion into the private market by government, but it punishes homeowners who aren’t underwater on their mortgages! Click here to read an Op-Ed by Steven Greenhut. Click here to read an update from Bloomberg News.