Eminent Domain Proposals Shot Down in California – NMP Skip to main content

Eminent Domain Proposals Shot Down in California

Jan 25, 2013

The Homeownership Protection Program Joint Powers Authority board has voted unanimously to issue a Request for Qualifications seeking plans to address the mortgage crisis in San Bernardino County, Calif. But the board decided against considering proposals that would include the use of eminent domain. Board Chairman Greg Devereaux pointed out many experts have warned the use of eminent domain would destabilize an already weak local housing market and even worsen the mortgage crisis. At the same time, very few local homeowners and other stakeholders expressed support for the use of eminent domain. Many, in fact, opposed such a strategy. “It’s wrong to impose that risk on the community without support from the community, and that level of support has not materialized,” said board Chairman Greg Devereaux. “We don’t want to do more harm than good in what we choose to do." Devereaux also said continuing to consider the possibility of eminent domain would interfere with efforts to work with the banking, mortgage, real estate and investment communities in making various forms of assistance available to local homeowners. In that vein, the JPA recently approved an agreement with those stakeholders to support the County of San Bernardino’s ongoing efforts to link homeowners with assistance programs.  Several months ago, the county launched www.saveyourhomesbcounty.org as part an effort to make San Bernardino County homeowners aware of programs and local events aimed at  addressing foreclosures and negative equity. The RFQ will be released and those with proposals will be invited to submit them as soon as the modifications approved today by the JPA board are incorporated into the document. Besides not considering proposals that rely on the use of eminent domain, respondents will be asked to include a risk assessment in their proposals.
About the author
Published
Jan 25, 2013
Jobs Report Comes In Weak After Mortgage Rates Surge

Employers added just 29,000 jobs in September, sending Treasury yields lower and offering a potential counterweight to the recent rise in mortgage rates

Oct 02, 2026
Price Cuts Hit Four-Year High As Mortgage Rates Top 7%

More than one in five listings took a price cut in September, but pending sales still posted their sharpest annual decline since March 2025

Oct 01, 2026
Serious Mortgage Delinquencies Rise 19% After Five Months Of Improvement

ICE data shows 574,000 mortgages were at least 90 days past due in August, while early-stage delinquencies remained below year-ago levels

Sep 29, 2026
Smaller Down Payments Give Buyers More Room, But Rates Limit The Savings

The typical down payment fell 9% from a year ago, while shifting market conditions are giving originators different affordability conversations across the country

Sep 25, 2026
Mortgage Rates Break 7% Just As Builders Find A Way To Move Buyers

New-home sales rose 6.4% in August as builders cut prices, offered incentives, and sold more lower-priced homes. Now mortgage rates are moving against buyers again

Sep 25, 2026
Borrowers Want Digital Closings, But Some Originators Remain Hesitant

ServiceLink finds 45% of surveyed LOs cite borrower reluctance as a barrier, even though most recent buyers say digital options would influence their choice of mortgage provider

Sep 23, 2026