North Las Vegas Move Heightens Eminent Domain Tensions
North Las Vegas has become the latest battleground in the war over eminent domain after the City Council there voted to enter into an advisory process with Mortgage Resolution Partners on the use of the technique—a move blasted by securitization industry officials who say eminent domain will negatively impact loans backing mortgage-backed securitizations.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast