More than half of Richmond, California’s homeowners have homes that are underwater, meaning their mortgages are greater than the value of their homes.
This was one of the many impacts of the 2008 financial crisis that blew the real estate bubble and decimated real estate values. Not waiting for the federal government to fix the issue, Richmond started their own fix: using eminent domain to purchase the homes and then negotiate with banks.
The Supreme Court is once again taking up affirmative action, this time answering the question whether or not a state can ban race-based preferences altogether, at least when it comes to college admissions. Just a […]
As the new year approaches, the days that Maine Republican Olympia Snowe has left in Congress will dwindle down. Snowe announced last spring that she would retire at the end of this year, partially due […]
In exclusive new polling commissioned by the Due Diligence for Capitol Affairs’ Battleground State Series, Mitt Romney is leading in North Carolina, one of 10 key swing states Barack Obama and Mitt Romney are vying […]
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